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Monday November 9th, 2026
Fiscal

More Sri Lankan taxpayers dispute IRD tax claims, penalty - official data

Sri Lanka's push for more taxes has met with strong protest from state-sector trade unions

February 17, 2023 2 min read

Sri Lanka opposition leader defends progressive taxation, highlights inequality

Progressive taxation is fair and equitable, he said.

February 17, 2023 4 min read

Sri Lanka's total tax default, penalty stood around Rs. 620 bln by 2021-IRD

Sri Lanka's tax-to-GDP ratio is one of the lowest in the world.

February 16, 2023 2 min read

IMF to meet creditors of Sri Lanka, other debt troubled nations: report

"Aims to address the current shortcomings in debt restructuring"

February 15, 2023 2 min read

Sri Lanka gives 10-year 'buyback' deals to local drug makers

Sri Lanka's has given 10-year buyback contracts for businessmen who manufacture drugs in the island, with 22 factories o...

February 14, 2017 1 min read

Sri Lanka Finance Minister asks for inquiry into central bank leak

Finance Minister Ravi Karunanayake called upon the Speaker of Parliament to initiate an inquiry on a leak involving repo...

February 9, 2017 2 min read

Sri Lanka parliament lifts land lease tax on foreigners from Jan 08

Sri Lanka's legislators approved changes to the land alienation law in Sri Lanka that removed a 15 percent nationalist t...

February 8, 2017 1 min read

Sri Lanka plans US$1.5bn sovereign bond in 2017

Sri Lanka plans to raise up to 1.5 billion US dollars from a sovereign bond in 2017, Central Bank Governor Indrajit Coom...

February 8, 2017 1 min read

Sri Lanka auditor general bares US$100mn dubious LakSathosa rice deal

A dubious rice deal stretching across two administrations involving Sri Lanka's Ministries of Industries and Commerce an...

February 1, 2017 4 min read

Sri Lanka foreign debt repayments spikes to US$3.9bn in 2019

Sri Lanka's government foreign debt repayments would rise from 1.828 billion dollars in 2016 to 3.992 billion in 2019, t...

January 26, 2017 1 min read

Sri Lanka public procurement seen broadening market for small business

A government policy on green public procurement being drawn up by Sri Lanka will open up opportunities for small and med...

January 24, 2017 2 min read

EIB to loan Euro50mn for water-supply, sanitation in Sri Lanka

The European Investment Bank will loan 50 million Euros to expand sewage and water supply in Sri Lanka's capital Colombo...

January 23, 2017 1 min read

Move to deny credit to less-affluent advised by 'university scholars'

A move to deny credit to the less affluent to purchase a three-wheeler by Sri Lanka's government, which smacks dangerous...

January 23, 2017 2 min read

Sri Lanka promised loans from China-led AIIB at Davos meeting

Sri Lanka's Prime Minister Ranil Wickramasinghe has met the President of China-led Asian Infrastructure Bank Jin Liqun, ...

January 18, 2017 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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 meets IMF budget deficit target for 2017: Finance Minister

Sri Lanka has met the key budget deficit target for 2016 under an agreement with the International Monetary Fund with re...

January 13, 2017 2 min read

Sri Lanka Central Bank Governor is a good soul: Finance Minister

Sri Lanka's Central Bank Governor Indrajit Coomaraswamy is a 'good soul', Finance Minister Ravi Karunanayake said, in th...

January 12, 2017 3 min read

Sri Lanka to sell US1.5bn in dollar bonds in domestic markets

Sri Lanka's cabinet of ministers had approved the sale of 1.5 billion US dollars of bonds in domestic markets this year,...

January 11, 2017 1 min read

Sri Lanka finance minister feted by UK magazine

UK-based The Banker magazine has selected Sri Lanka's Ravi Karunanayake as the Finance Minister of the Year for the Asia...

January 10, 2017 1 min read

Sri Lanka to repay high interest loans with Hambantota cash: FinMin

Sri Lanka plans to settle high interest loans taken by the state from sale proceeds of Hambantota Port, Finance Minister...

January 6, 2017 1 min read

Sri Lanka has stabilized economy, investments to come now: PM

Sri Lanka has stabilized the economy with the help of a program with the International Monetary Fund, and it is now read...

January 4, 2017 1 min read

Sri Lanka tax revenues up in October 2016, deficit lower

Sri Lanka's state revenues rose to Rs1,333 billion in the 10 months to October 2016, while the overall budget deficit fe...

January 3, 2017 1 min read

Sri Lanka tax payers to provide health insurance for school children

Sri Lanka's tax payers will provide a 200,000 insurance cover to 4.5 million school kids in the country, the finance min...

January 2, 2017 1 min read

Sri Lanka seeks billion dollar 3-year loan

Sri Lanka has called proposals from banks to borrow one billion US dollar for up to three years, which lenders can provi...

December 28, 2016 1 min read

Sri Lanka to better manage subsidies

Sri Lanka will set up a Welfare Benefits Board to manage and select beneficiaries of subsidies, which is expected to all...

December 28, 2016 2 min read