An Echelon Media Company
Monday November 9th, 2026
Fiscal

Amid international pressure, Sri Lanka considers transparency on spending tax money

Finance Ministry will be told to compile reports on how the public tax money was spent

January 24, 2023 2 min read

Sri Lanka's state sector salary struggle likely to ease by April - cabinet spokesman 

Finance Ministry is struggling to pay whopping state sector salary bills for January

January 24, 2023 2 min read

Any Sri Lanka domestic debt to be part of negotiation process: CB Governor

Hopes to conclude talks in about six months

January 24, 2023 2 min read

IMF accepts India debt assurance for Sri Lanka, China, others awaited

Sri Lanka is engaged with other official bilateral creditors to obtain similar assurances

January 24, 2023 2 min read

Foreign apartment buyers to borrow in Sri Lanka: Budget2017

ECONOMYNEXT - Foreign buyers of apartments in Sri Lanka will be allowed to borrow up to 40 percent of the value from loc...

November 10, 2016 1 min read

Sri Lanka to merge HDFC and SMIB, capital boosted: Budget2017

Sri Lanka will merge state-run Housing Development Finance Corporation and State Mortgage and Investment Bank, Finance M...

November 10, 2016 1 min read

Sri Lanka government to compete with Agoda, Airbnb, collect Rs25bn: Budget 2017

Sri Lanka's government will set up a common booking platform for hotels in the country in place of international booking...

November 10, 2016 1 min read

Sri Lanka to list Mobitel, Hyatt, Waters Edge, Grand Oriental: Budget2017

Sri Lanka plans to list Mobitel, a unit of Sri Lanka Telecom, the planned Hyatt Hotel building, Water Edge and Grand Ori...

November 10, 2016 1 min read

Sri Lanka to relax foreign borrowing limits of private firms: Buget2017

Sri Lanka will allow private firms to borrow more abroad but they have to hedge forex risks, Finance Minister Ravi Karun...

November 10, 2016 1 min read

Sri Lanka to give 5-year visas for foreign students:Budget2017

Sri Lanka will issue five year multiple entry visas for international students in the country, Finance Minister Ravi Kar...

November 10, 2016 1 min read

Sri Lanka to give Rs800,000 student loan for private degrees:Budget2017

Sri Lanka government support undergraduates who enter private tertiary education institutions with 800,000 rupee student...

November 10, 2016 1 min read

Sri Lanka add more regulations on chicken farmers; price controls remain: Budget 2017

Sri Lanka's chicken farmers will have to sell at least 40 percent of their output as price controlled whole chicken, Fin...

November 10, 2016 1 min read

Sri Lanka to allow import of CTC tea: Budget 2017

Sri Lanka will allow the import of tea produced on the cut-tear-curl method for export, Finance Minister Ravi Karunanaya...

November 10, 2016 1 min read

Sri Lanka to slap 5 percent tax on ethanol imports: Budget 2017

Sri Lanka will impose a 5 percent tax on ethanol imports and 2 percent tax on sugar to set up price stabilization fund f...

November 10, 2016 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 has to find better options for state pensions: Budget 2017

Sri Lanka has to find better options to serve state pensioner better, as the current unfunded pension scheme spells is f...

November 10, 2016 1 min read

Sri Lanka 2017 budget aims for strong economic foundation: FinMin

Sri Lanka's 2017 budget is aiming to lay a strong foundation for growth and lower poverty, Finance Minister Ravi Karunan...

November 10, 2016 1 min read

Sri Lanka should improve climate for export FDI's, trim mega state, free trade: Advocata

Advocata Institute, a Colombo-based think tank, is proposing lower trade taxes and trimming public sector expenditure in...

November 9, 2016 19 min read

Sri Lanka may retire bunched up bonds around 2021

Sri Lanka may retire dollar bonds that are 'bunched up' and maturing around 2021 with dollar inflows and sovereign offer...

November 8, 2016 2 min read

Call for greater fiscal profligacy in Sri Lanka; expansion of state services

A group of pro-state activists have called for greater spending in Sri Lanka, giving moral support for Sri Lanka's high ...

November 8, 2016 7 min read

Sri Lanka focused on deficit reduction, capital gains on property

Sri Lanka's budget for next year will be "revolutionary" while narrowing the deficit through new revenue measures, inclu...

November 5, 2016 2 min read

Sri Lanka VAT hike credit positive: Moody's

Sri Lanka's imposition of a value-added tax will be credit positive, and keep a programme with the International Monetar...

October 31, 2016 2 min read

Sri Lanka taxes sweetened milk powder

ECONOMYNEXT – Sri Lanka will charge value added tax (VAT) on sweetened milk powder, both imported and locally-mad...

October 28, 2016 1 min read

Sri Lanka expects IMF deal to be on track in two weeks: FinMin

Sri Lanka expects a deal with the International Monetary Fund to be back on track in November Finance Minister Ravi Karu...

October 28, 2016 2 min read

Chinese firms to take-over Hambantota port, Mattala airport, repay debt: PM

Chinese firms will take-over Hambantota Port and Mattala Airport to help repay nearly a billion dollars of debt taken fr...

October 28, 2016 1 min read