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Monday November 9th, 2026
Fiscal

Sri Lanka debt talks with India, China successful: President

I can tell this assembly that the talks are successful

January 17, 2023 1 min read

Sri Lanka getting good results from creditors for IMF deal: Minister

The discussions are becoming successful

January 17, 2023 1 min read

Sri Lanka to pay state workers in stages to avoid printing money

Salaries for SOE employees has increased by 633 percent since 2000

January 17, 2023 2 min read

Sri Lanka president to provide free rice for poor amid rising discontent

Sri Lanka sees new anti-government protest amid high cost of living, taxes

January 16, 2023 2 min read

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
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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

IMF urges Sri Lanka to have predictable tax system

Sri Lanka should complete the implementing value added tax and start work on a new income tax law to make the tax system...

September 26, 2016 2 min read

Sri Lanka confirms tax breaks for expanded China Port City

ECONOMYNEXT - Sri Lanka's has confirmed tax breaks for an expanded China Port City, originally promised by the ousted Ra...

September 25, 2016 2 min read

Petroleum minister battles Sri Lanka's secretly hatched prerogative tax

Sri Lanka's petroleum minister said talks have begun with the finance ministry to reduce a prerogative tax imposed by th...

September 20, 2016 3 min read

Sri Lanka charges steep tax on brown sugar

Sri Lanka has raised a tax on white sugar to 2.0 per kilogram, while brown sugar will be charged a tax of 15 rupees, the...

September 16, 2016 2 min read

Sri Lanka's DFCC bank opens solar-powered teller machine

Sri Lanka's DFCC Bank Plc, said it had opened a solar powered automated teller machine at an industrial estate.

September 15, 2016 1 min read

Sri Lanka to slap price controls after charging hefty VAT on hospital care

Sri Lanka will charge a 15 percent tax on patients treated at hospitals owned by members of the community and price cont...

September 14, 2016 1 min read

Sri Lanka to charge 15-pct VAT on air tickets, houses, healthcare, milk products

Sri Lanka will tax air tickets, housing, sweetened milk and healthcare at 15 percent under in value added increases appr...

September 14, 2016 1 min read

Sri Lanka targets 4.7 percent budget deficit for 2017: Fin Min

Sri Lanka is targeting a deficit of 4.7 percent of gross domestic product for 2017, Finance Minister Ravi Karunanayake h...

September 14, 2016 2 min read

Sri Lanka cabinet approves VAT hike; threshold up

Sri Lanka's cabinet of minister's has approved a hike to value added tax to 15 percent with a sharply higher threshold t...

September 13, 2016 2 min read

Sri Lanka's 2016 fiscal deficit goal challenging despite H1 success - economists

COLOMBO, Sept 13 (Reuters) - Sri Lanka fiscal deficit goal for 2016 would still be challenging despite a better-than-exp...

September 13, 2016 2 min read