Notable
When we reconstruct, we have to make build something that is better than what it was
GRADE assessment is already underway in partnership with the Global Facility for Disaster Risk Reduction
The IRD has collected record high tax revenue for 2025
Current account of the budget in surplus by Rs112billion rupees
It has achieved 18.6 percent of this year’s target in the first 53 days
If approved, marks end of last major restructuring hurdle
Sri Lanka has to de-risk the economy from inflationism to maintain stability
In 2024, 1,889 million dollars came as loans and 68.6 million dollars as grants
If there is no market access, which is an outcome of loss of confidence, the bonds have to be repaid on a net basis
State banks converted to forex term loans and rupee treasury bonds
SriLankan has large dollar debts, and its value fluctuates wildly along with currency movements.
Tipped to be Treasury Secretary
Electric prime movers in place of terminal tractors
We have to get sufficient foreign direct investment
.
This Time Must be Different: Lessons from Sri Lanka’s Recovery and Debt Restructuring
| 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 |
| 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 |
| 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 |
| 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 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
"Unsolicited proposals increase the potential for corruption," Transparency International said in its plaint.
IMF to announce board date in due course
Non-interest current spending up, capex down
Capex has slowed from last year
Sri Lanka is in an IMF deal with a $3 bln bailout package with raft of conditions
Customs 104-pct of target, Excise 106-pct and Inland Revenue 101-pct
To become and alternative executive director of the ADB
CEB faced 4.8-pct premium for sovereign guarantee
Passenger revenues down and so are fuel costs
Practice to appoint next in line senior officer, but the government is planning to make a political appointment
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