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Monday November 9th, 2026
Fiscal

Sri Lanka parliament to meet on Dec 18 on Ditwah recovery spending

The session will consider a supplementary estimate for Cyclone Ditwah related recovery work

December 14, 2025 1 min read

Sri Lanka borrows US$30mn from World Bank for renewable energy

Borrowings for grid strengthening

December 10, 2025 2 min read

1,200 landslides in Sri Lanka by Cyclone Ditwah, 20-pct of land under water: UNDP

The floodwaters reached nearly 720,000 buildings, about one in every twelve buildings in the country

December 9, 2025 2 min read

Sri Lanka key road restoration to cost Rs190bn : President

There are hundreds of smaller road also damaged

December 9, 2025 1 min read
Sri Lanka Customs achieves 63-pct of February revenue target in first 12 days

The Customs exceeded the 2025 target by 64-pct and Jan 2025 target by 45-pct

Prospective investor for Sri Lanka's Hyatt building shows interest in running casino

The bidder was asked to get independent legal advice

Sri Lanka supreme court to hear case on unsolicited project guidelines

"Unsolicited proposals increase the potential for corruption," Transparency International said in its plaint.

June 13, 2025 2 min read

IMF assessing Sri Lanka electricity tariff hike, BST guidelines

IMF to announce board date in due course

June 13, 2025 2 min read

Sri Lanka repays foreign debt in budget to April 2025, current spending picks up

Non-interest current spending up, capex down

June 8, 2025 4 min read

Sri Lanka tax revenues up 20-pct to April, current spending picks up pace

Capex has slowed from last year

June 6, 2025 2 min read

Sri Lanka leader frowns upon to have become ‘bad child’ of IMF

Sri Lanka is in an IMF deal with a $3 bln bailout package with raft of conditions

June 3, 2025 2 min read

Sri Lanka revenue agencies beat targets up to May: President

Customs 104-pct of target, Excise 106-pct and Inland Revenue 101-pct

June 2, 2025 1 min read

Sri Lanka Treasury Secretary to retire after leading reform drive: President

To become and alternative executive director of the ADB

June 2, 2025 2 min read

Sri Lanka SOEs face 4.8-pct risk premiums for sovereign guarantees: Harsha

CEB faced 4.8-pct premium for sovereign guarantee

May 26, 2025 3 min read

SriLankan Airlines making losses on 31 out of 45 routes: Harsha

Passenger revenues down and so are fuel costs

May 25, 2025 2 min read

Concerns raised over Sri Lanka auditor general appointment

Practice to appoint next in line senior officer, but the government is planning to make a political appointment

May 22, 2025 1 min read
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Sri Lanka cabinet nod for Inland Revenue law WH tax exemption

President Dissanayake's government has doubled WHT on income to 10% from April 1, 2025

May 20, 2025 1 min read

Sri Lanka COPF clears EV tax hike

The gap was too wide

May 20, 2025 2 min read

Sri Lanka should sell floating rate bonds to balance long term risks

True undated securities may be too ambitions but a start could be made with 5 to 10 year securities

Bellwether
May 19, 2025 8 min read

Vietnam passes US$1.7bn for layoffs, rejecting Sri Lanka style revenue based fiscal consolidation

Vietnam wants to slash its public sector 20-pct

May 18, 2025 2 min read

Sri Lanka state Porsche, SUVs auctioned above valuation raising Rs200mn: statement

The Porsche Cayenne S was sold at 13.61 million rupees

May 18, 2025 1 min read

Sri Lanka budget deficit down in 1Q 2025, current spending speeds up: analysis

Tax revenues expanded 18 percent to 985.9 billion rupees

May 18, 2025 4 min read

US credit rating downgraded to Aa1 by Moody's as deficit, interest bill rises

Deficit driven by interest costs

May 18, 2025 16 min read

Sri Lanka financial VAT surges as taxes overshadow retained profits in banks

Some bank paid more taxes than the residual left for shareholders and for capital

May 17, 2025 2 min read

Sri Lanka to auction state-owned Porsche Cayenne, SUVs

It is not clear when and why the Sri Lanka government bought a Porsche Cayenne

May 15, 2025 1 min read

Sri Lanka tax revenues Rs970bn, current spending Rs1,226bn in 1Q

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May 9, 2025 2 min read