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Monday November 9th, 2026
Fiscal

S & P confirms Sri Lanka 'SD' rating, local currency negative on DDR fears

The local currency rating has a negative outlook

February 14, 2023 4 min read

Sri Lanka state credit overtakes private sector in latest currency crisis: analysis

The state of state and SOE credit rises to 123 percent of private credit from around 25 percent two decades

February 13, 2023 3 min read

Sri Lanka to settle contractor arrears with bonds in cash crisis

Bonds to be settled with allocations in 2024, 2025 and 2026

February 12, 2023 1 min read

Amid protests, Sri Lanka relaxes taxes partially on non-cash benefits

Tax exemptions come after a series of street protests

February 8, 2023 2 min read
Sri Lanka aims for ambitious 40-pct direct taxes by 2025

Sri Lanka has been in process to boost tax revenue in line with the IMF commitments

Sri Lanka non-financial SOEs make Rs282bn in profits in 2023 amid monetary stability

In 2023, Rs276 billion from tax payer funds were injected to non-financial SOEs

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
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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 weaker growth, higher inflation can hurt budget path: Moody's

A slowdown in growth and higher inflation can undermine plans to reduce budget deficit, despite an agreement with the In...

December 19, 2016 4 min read

Sri Lanka to get US$1.34bn from World Bank in next three years: Fin Min

Sri Lanka would get 1,340 million US dollars under World Bank programs over the next three years, Finance Minister Ravi ...

December 17, 2016 1 min read

Sri Lanka’s 2017 budget clears final vote with two thirds majority

Sri Lanka’s 2017 budget received its final approval in parliament with an overwhelming two thirds majority while ...

December 10, 2016 1 min read

Sri Lanka making progress on tax, urged to speed up reforms: IMF

Sri Lanka is making good progress on tax collection and new taxes announced in a budget for should bring more revenues t...

December 10, 2016 2 min read

Sri Lanka starts fresh probe into $700 mn China deal

Sri Lanka's government Wednesday launched an investigation into a $700 million river diversion deal that had been finali...

December 7, 2016 1 min read

Sri Lanka state Water Supply SOE heading for financial crisis, losses understated

Sri Lanka state-run National Water Supply and Drainage Board is heading for a financial crisis due to the inability to s...

December 5, 2016 2 min read

Sri Lanka rulers target EPF again; Treasury attempts to gain control: report

Sri Lanka's rulers are once again trying to target two pension funds made up of money from private sector workers, a med...

December 4, 2016 2 min read

Sri Lanka to corporatize milibiz hotels, state holiday homes

Sri Lanka will put hotels set up by the military and holiday homes of state agencies in one corporate entity to target t...

December 1, 2016 2 min read

Budget under the Sri Lankan President

November 30, 2016 1 min read

Sri Lanka plans Treasuries auctions with non-competitive bids

ECONOMYNEXT - Sri Lanka is planning to revamp its Treasuries auctions with room for non-competitive bids, with new rules...

November 30, 2016 5 min read