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Monday November 9th, 2026
Fiscal

Sri Lanka's JVP will not support sustained strike beyond Mar 15: Lal Kantha

Trade unions in Sri Lanka have threatened to cripple the economy if the government does not reverse a number of reforms.

March 14, 2023 3 min read

Sri Lanka unions threaten to cripple economy against IMF-backed reforms

“If the government still doesn’t get it, at midnight on March 14 all trains will stop, as will power supply."

March 13, 2023 5 min read

Sri Lanka school textbooks printed with India credit line after monetary instability

This is being used to print 45 percent of textbooks required by 4 million young students

March 12, 2023 1 min read

Sri Lanka post-default rating linked to IMF debt reduction path: Fitch

A longer path to debt re-structuring may delay upgrades

March 10, 2023 5 min read
Sri Lanka raises state pensions from September

Sri Lanka has about 700,000 pensioners.

IMF says assessed Sri Lanka ISB deal, urge taxes in next budget

Central bank keeps inflation below target

Sri Lanka to improve soft infrastructure for investment

Mangala Sri Lanka is improving its soft infrastructure to boost investments to make the country an export driven economi...

June 19, 2017 2 min read

Sri Lanka Finance Minister meets India, Indonesia counterparts

Sri Lanka's Finance Minister Mangala Samaraweera has met his Indian counterpart Arun Jaitely and Indonesian Finance Mini...

June 17, 2017 1 min read

US biggest donor, China biggest lender to Sri Lanka in 2016

The United States had given 23.83 million or 44 percent of all grants to Sri Lanka in 2016 which do not have to be paid ...

June 16, 2017 1 min read

Sri Lanka revenues up in 1Q; spending keeps pace

Sri Lanka's tax revenues rose 26 percent in the first quarter of 2017 from a year earlier to 436 billion rupees, but cap...

June 13, 2017 1 min read

Sri Lanka to keep asset sale dollars for liability management

Sri Lanka will set up a separate foreign exchange account to receive the proceeds of asset sales which will be used for ...

June 11, 2017 1 min read

ADB grants US$2mn to Sri Lanka for disaster relief

Manila-based Asian Development Bank said it is giving $2.0 million for disaster relief following floods and landslides i...

June 9, 2017 1 min read

Korea Eximbank to loan US$200mn to Sri Lanka for tunnel at rock bottom rate

The Export-Import Bank of Korea will provide a $200 million loan to Sri Lanka at 0.15 percent to build a traffic bypass...

June 8, 2017 1 min read

Fitch Ratings looking for 'clarity' on Sri Lanka debt numbers

Fitch, a rating agency, was looking for clarity on Sri Lanka's debt numbers after the country's auditor general said deb...

June 8, 2017 2 min read

Sri Lanka auditor general exposes chaotic accounting of government debt

ECONOMYNEXT - Sri Lanka's auditor general, who disclaimed accounts of the Finance Ministry has exposed chaotic accountin...

June 3, 2017 3 min read

Sri Lanka Finance Ministry accounts disclaimed; national debt wrong: AG

Sri Lanka's Auditor General has disclaimed accounts of the Finance Ministry in a shocking development, saying he cannot ...

June 2, 2017 3 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

Sri Lanka government opens bank accounts to contribute disaster aid

Sri Lanka's government has opened foreign currency banking accounts to receive cash contributions to help victims of rec...

May 31, 2017 1 min read

Sri Lanka sets up PPP unit to draw investment

Sri Lanka has set up a unit to bring in investments through public private partnerships as the people are already burden...

May 31, 2017 2 min read

Sri Lanka to provide easy credit, debt relief for flood hit businesses

Sri Lanka will provide debt relief for flood hit businesses and also start two credit schemes for them to get back into ...

May 29, 2017 1 min read

Sri Lanka seeks to upsize US$450mn syndicated loan

Sri Lanka is seeking more subscriptions from a syndicated loan after tying down $450 million from lead arrangers in deal...

May 19, 2017 1 min read

Sri Lanka holds sovereign bond proceeds in dollars to repay foreign debt

ECONOMYNEXT – Sri Lanka’s finance ministry will keep the proceeds of a recent $1.5 billion sovereign bond ...

May 18, 2017 1 min read

Sri Lanka legal cigarette sales plunge 29-pct; tax revenues up

Sri Lanka's legal cigarette sales fell 29 percent in the March 2017 quarter from a year earlier, Ceylon Tobacco Company ...

May 16, 2017 2 min read

Sri Lanka to give enhanced depreciation to boost investments: Ravi

Sri Lanka has giving enhanced depreciation of up to 200 percent, with losses to be carried forward for up to 25 years fo...

May 15, 2017 2 min read

Sri Lanka to exempt exports of IT, entrepôt trade, waste management from income tax

Sri Lanka will exempt from income tax several activities including, agriculture, entrepôt trade, solid waste manageme...

May 14, 2017 1 min read

Sri Lanka to tax unit trusts at 10-pct for individuals

Sri Lanka will tax profits of unit trusts (mutual funds under a specific law) at 10 percent for individuals and a higher...

May 14, 2017 1 min read

China firm to study water supply options for Hambantota port, industrial zone

China Heavy Machinery Corporation (CHMC) has been tasked with studying the water and sewerage requirement for Sri Lanka'...

April 28, 2017 1 min read