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Monday November 9th, 2026
Fiscal

Money to pay Sri Lanka state salaries on January 25 mostly found: Minister

Salaries will be paid on January 25

January 24, 2023 2 min read

Sri Lanka gets first response from China over debt restructuring

China Exim Bank responds to Sri Lanka

January 22, 2023 2 min read

Sri Lanka's CEB engineers protest against high tax; warn to expend agitation 

Sri Lanka trade unions have started to protest against tax hikes; protesters warn of more agitation

January 20, 2023 2 min read

Sri Lanka committee to oversee merging of BOI and EDB activities

The cabinet had also directed the Legal Draftsman to prepare a bill to set up an International Trade Office

January 18, 2023 1 min read

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
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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
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Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
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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
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Source: Central Bank/Indicative

Parliament approves Sri Lanka's much delayed VAT bill

Sri Lanka's parliament Wednesday approved the controversial bill to amend for Value Added Tax with 112 members voting f...

October 26, 2016 1 min read

Sri Lanka targets 10 pct cut in total expenditure next year

COLOMBO, Oct 25 (Reuters) - Sri Lanka will curb its total expenditure by around 10 percent to 3.33 trillion rupees ($22....

October 25, 2016 2 min read

Sri Lanka's delayed VAT bill gets court nod

ECONOMYNEXT - Sri Lanka's Supreme Court has given its approval for the amended Value Added Tax bill clearing the way for...

October 25, 2016 1 min read

European Union to provide Rs34bn to Sri Lanka

The European Union will provide 210 million euros (Rs34 billion) over the next four years, doubling assistance to Sri La...

October 19, 2016 1 min read

Sri Lanka's budget gap improves in July 2016, but revenues falter

Sri Lanka's budget deficit improved to Rs432.7 billion in July 2016 or 3.6 percent of gross domestic product, down from ...

October 7, 2016 2 min read

Sri Lanka raises cigarette tax

ECONOMYNEXT – The Sri Lankan government has decided to increase the tax on cigarettes by Rs7 each to raise revenu...

October 4, 2016 1 min read

Sri Lanka to increase state revenues to Rs1,850bn in 2017: Ravi

Sri Lanka is hoping to boost state revenues to 1,850 billion rupees in 2017 or around 14.2 percent of gross domestic pro...

October 4, 2016 2 min read

Sri Lanka to sell-down stakes in listed companies shortly: Finance Minister

Sri Lanka plans to sell down government stakes in listed companies by the end of the month, which also serve as a positi...

October 4, 2016 1 min read

Sri Lanka to have long term budget in 2016: Ravi

Sri Lanka will have a 'long-term' budget in 2017, finance minister Ravi Karunanayake said as the country moves towards a...

October 3, 2016 1 min read

Sri Lanka VAT charge only on taxable goods turnover

ECONOMYNEXT – Value Added Tax (VAT) will be charged only on the turnover of goods liable for VAT under planned le...

September 26, 2016 4 min read