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Monday November 9th, 2026
Fiscal

Sri Lanka to adjust wages and pensions to inflation: President

But this adjustment will be done within the limits of a primary deficit

March 22, 2023 1 min read

Sri Lanka private creditors mull GDP-linked downside bond for debt re-structure

A State Contingent Debt Instruments would have payouts linked to economic performance

March 22, 2023 3 min read

Sri Lanka to start property tax, transfer, gift, inheritance tax from Jan 2025

Introduce a nationwide real property tax including

March 21, 2023 1 min read

Sri Lanka mulling ways to re-structure domestic debt

A select pool of the remaining domestic debt is assumed to be re-profiled

March 21, 2023 2 min read

Sri Lanka to re-examine president's tax holiday: finance minister

Sri Lanka's will re-examine the income tax holiday granted to the President under the existing law, Finance Minister Man...

July 21, 2017 2 min read

Sri Lanka expects to pass income tax law in August

Sri Lanka is expecting the parliament to vote on a new income tax law that will expand the tax net by August 2017, which...

July 21, 2017 2 min read

Sri Lanka's Treasury flushed with cash in Feb 2015; no shortfall: bond scam inquiry

ECONOMYNEXT - Sri Lanka's finance ministry was left with excess cash in February 2015 allowing its overdraft to be slash...

July 18, 2017 3 min read

Sri Lanka to grow 5.2-pct in next five years, risks from SOEs: Moody's

Sri Lanka is expected to grow 4.6 percent in 2017 and a 'robust' 5.2 percent up to 2021, but the country has to watch it...

July 14, 2017 2 min read

Sri Lanka's Lak Sathosa loses Rs8.4bn in two years, bank debt spikes to Rs12bn

Sri Lanka's Lak Sathosa, which has a history of procurement corruption and buffer stock fraud, has lost 4.8 billion rupe...

July 11, 2017 2 min read

Sri Lanka signs Yen44bn loan deal with Japan for regional roads, water

Sri Lanka has signed a 44.76 billion yen (60.4 billion rupee) loan package with Japan for regional infrastructure develo...

July 10, 2017 1 min read

Sri Lanka loan disbursements reach 440mn up to April

Sri Lanka has drawn down $440.6 million from foreign loans in the first four months of 2017, up from $311.8 million a ye...

July 7, 2017 1 min read

Sri Lanka tax revenues up 25.6-pct up t April 2017

Sri Lanka's tax revenues rose 25.6 percent to 554.2 billion rupees in the first four months of 2017 from a year earlier,...

July 6, 2017 2 min read

Sri Lanka aims to raise public income to 16.5-pct of GDP by 2020

ECONOMYNEXT –Sri Lanka has begun preparations for the 2018 budget on a performance-based framework according to t...

July 5, 2017 2 min read

World Bank concerned over Sri Lanka external debt servicing

ECONOMYNEXT – The World Bank has drawn attention to a bunching up of foreign loan repayments in 2019, saying it i...

July 5, 2017 1 min read
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Latest Last
US Dollar 331.7485 330.8514
UK Pound 443.7468 438.3450
Euro 372.5204 371.0168
Yen 2.0969 2.0916
Aus Dollar 233.0533 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.4948 3.4202
Korean Won 0.2499 0.2479
Oman Rial 861.6397 859.3320
Saudi Riyal 88.4403 88.0955
UAE Dirham 90.3209 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
CSE All Share 19,927.30 -0.28%
Turnover Rs 1457.79 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Japanese exporters in Sri Lanka ask for early warning of tax changes

ECONOMYNEXT – Japanese investors in Sri Lanka have asked for advanced notice of tax changes so that their exports...

July 4, 2017 2 min read

Sri Lanka’s new tax law ‘credit positive’: Moody’s

ECONOMYNEXT – Sri Lanka’s new tax law is a ‘credit positive’, paving the way for revenue refo...

July 4, 2017 1 min read

Sri Lanka Treasury guarantees fiscal risk increasing: World Bank

ECONOMYNEXT – The fiscal risk posed by Sri Lankan government Treasury guarantees to state-owned enterprises (SOEs...

June 30, 2017 2 min read

Sri Lanka small business tax issues to be rectified in budget

ECONOMYNEXT – Sri Lanka’s Minister of Finance and Mass Media Mangala Samaraweera has assured representativ...

June 29, 2017 1 min read

Tough transfer pricing penalties in new Sri Lanka tax law

ECONOMYNEXT – Sri Lankan companies that violate transfer pricing rules can be fined up to two percent of the tota...

June 29, 2017 2 min read

New Sri Lanka tax law imposes Rs10mn fine for tax evasion

ECONOMYNEXT – Sri Lankans convicted of tax evasion can be liable to a fine not exceeding 10 million rupees or imp...

June 23, 2017 1 min read

Sri Lanka's MILCO profits rebound to Rs274mn in 2016

State-run Milco (Pvt) Ltd, a Sri Lankan state-run diary products firm, has made profits of 274 million rupees in 2016, a...

June 22, 2017 1 min read

IFC gets nod to sell offshore Sri Lanka rupee bonds

Washington-based International Finance Corporation, a unit of World Bank group, has been given the nod to issue Sri Lank...

June 21, 2017 1 min read

Sri Lanka's new income law to provide stable tax framework: Eran

Sri Lanka's new income tax law will provide a more stable tax framework that giving more certainty for investors, State ...

June 19, 2017 1 min read

Sri Lanka to speed up tax appeals with full commission

Sri Lanka will expedite cases pending at a tax appeals commission filing vacancies to triple its ability to handle work,...

June 19, 2017 1 min read