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Monday November 9th, 2026
Fiscal

Sri Lanka's LG polls may derail President's reform agenda, delay IMF loan - analysts

Polls may increase crisis-hit Sri Lanka's uncertainty amid debt restructuring, IMF loan delay

January 9, 2023 4 min read

Sri Lanka bond holders earned high returns, should now take the hit: Picketty, academics

Raises concerns of odious debt

January 9, 2023 16 min read

Sri Lanka sees rising beedi leaf smuggling from India amid increase in tobacco taxes   

Cash strapped Sri Lanka raised tobacco taxes three times since mid last year

January 4, 2023 2 min read

Sri Lanka SOEs for re-structure to come under holding company

All the SOEs will be made subsidiaries of the holding company.

January 3, 2023 1 min read
Sri Lanka Treasury cash balance of Rs542.3bn by end April

The government ended up with 542.3 billion rupees cash surplus by April.

Sri Lanka President hopes for quick finish to ISB holder talks

Then will have that agreement as well

Sri Lanka tax breaks for companies leasing state land

Sri Lanka’s government has decided to give tax relief that benefit mainly small and medium enterprises which leas...

July 28, 2016 1 min read

Sri Lankan finance minister says too few tax payers

Sri Lankan government tax collections remain insufficient with only a relatively few companies and individuals shoulderi...

July 25, 2016 2 min read

Sri Lanka tax-payers in fresh Rs11.7bn bailout of SriLankan Airlines

SriLankan tax payers have just paid out 80 million dollars (about 11.7 billion Sri Lanka rupees) to bailout state carrie...

July 23, 2016 2 min read

Frequent tax changes, retrospective levies cause uncertainty: Treasury Secretary

Frequent changes to tax regimes create uncertainty, U.S. Treasury Secretary Jack Lew said on Saturday at a G20 meeting o...

July 23, 2016 1 min read

US$1bn loan from Bank of Tokyo – Mitsubishi for Sri Lanka roads

ECONOMYNEXT – The Bank of Tokyo – Mitsubishi UFJ Ltd. (BTMU) has agreed to give a concessional yen loan eq...

July 22, 2016 1 min read

US$55mn World Bank loan to Sri Lanka to modernise Jaffna

The World Bank is giving Sri Lanka a loan of US$55 million to improve urban services, preserve cultural and environment ...

July 22, 2016 2 min read

Sri Lanka budget deficit of 4.7-pct of GDP for 2017 gets cabinet nod

Sri Lanka's cabinet of ministers had approved a budget deficit of 4.7 percent of gross domestic product for 2017, down f...

July 21, 2016 1 min read

Debt service of Sri Lanka's Water Board to be borne by tax payers

The bulk of the debt service relating to projects implemented by the National Water Supply and Drainage Board will be gi...

July 15, 2016 1 min read

Sri Lanka to call offers private investment for state hotels, hospital shortly

ECONOMYNEXT - Sri Lanka will call offers for investment into two state-run hotels and a hospital shortly, Prime Minister...

July 13, 2016 1 min read

Sri Lanka struggles with tax confusion after court shock

Sri Lankan businesses can only charge value added tax and nation building tax at rates that prevailed before May 02, unt...

July 11, 2016 2 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 in move to clear VAT confusion after court shock

Sri Lanka is likely to move an amendment to a value added tax bill now in parliament to accommodate a Supreme Court deci...

July 11, 2016 1 min read

Sri Lanka 2015 foreign debt up 228.7 bln rupees on depreciation

COLOMBO, July 7 (Reuters) - Sri Lanka's foreign debt increased by 228.7 billion rupees ($1.57 billion) last year due to ...

July 7, 2016 1 min read

Sri Lanka import duty revenue up 74-pct in Jan-April 2016

ECONOMYNEXT – Sri Lankan government tax increases have begun to yield results in the first four months of 2016, w...

July 4, 2016 2 min read

Sri Lanka President intervenes in VAT hike

Sri Lanka's President Maithripala Sirisena is intervening directly in a recent value added tax hike made without parliam...

July 4, 2016 3 min read

China remains Sri Lanka’s biggest funder in Jan-April 2016

Foreign lenders committed US$855.4 million to fund development projects in Sri Lanka during the first four months in 201...

July 3, 2016 2 min read

Sri Lanka vehicle tax revenues down in early 2016 after hike

Excise tax revenues from vehicles fell 10.6 percent to 59.433 billion rupees in the first four months of 2016 from a yea...

July 3, 2016 1 min read

Sri Lanka's budget deficit to April 2016 narrows

Sri Lanka's budget deficit fell 14 percent in the first four months of the year to 233.4 billion rupees, down from 271.6...

July 1, 2016 2 min read

Sri Lanka budget deficit at 6.1-pct of GDP in March

ECONOMYNEXT - Sri Lanka has run budget deficit of 6.1 percent of gross domestic product or 180 billion rupees in the fir...

June 23, 2016 2 min read

Sri Lanka capital gains tax not to be retrospective says minister amid uncertainty

ECONOMYNEXT - Sri Lanka is expecting finalize capital gains tax legislation within a month, and it is not expected to be...

June 22, 2016 2 min read

Sri Lanka's state LakSathosa shops lose Rs3.4bn in 2015, turnover down

Sri Lanka's LakSathosa, a state-run retail network mired in corruption scandals and has lost 3.4 billion rupees in 2015,...

June 21, 2016 1 min read