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Monday November 9th, 2026
Fiscal

Sri Lanka to re-structure SOEs in multiple ways, SLT work started: Minister

In 2021, 367 billion rupees had had been given by the Treasury to maintain the 430 entities

December 8, 2022 1 min read

Sri Lanka domestic debt already de facto restructured: Cooray

It has delivered a de facto restructuring up front to domestic debt holders

December 8, 2022 3 min read

Sri Lanka cleared to borrow cheaper IDA funds by World Bank

Loss of market access qualifies Sri Lanka for cheaper funds

December 6, 2022 1 min read

Sri Lanka rupee debt rating downgraded to 'CC' by Fitch on debt restructure risks

The downgrade of the Long-Term Local-Currency IDR reflects our view that a local-currency debt default is probable

December 2, 2022 8 min read

Sri Lanka appoints managers for billion dollar sovereign bond: Finance Minister

ECONOMYNEXT - Sri Lanka has appointed eight financial institutions to manage a sovereign bond of at least a billion US d...

May 25, 2016 2 min read

Sri Lanka in talks for USS500mn loan with Credit Suisse; Sukuk eyed

ECONOMYNEXT - Sri Lanka is in talks with Credit Suisse to float a 500 million dollar loan after a similar sized loan wit...

May 25, 2016 1 min read

Sri Lanka to wrap up US$500mn syndicated loan next week: Finance Minister

ECONOMYNEXT - Sri Lanka is expecting to wrap a 500 million US dollar loan over the next few days after legal agreements ...

May 25, 2016 1 min read

Sri Lanka urged to join global tax transparency initiative

ECONOMYNEXT – Sri Lanka should consider joining the tax transparency initiative promoted by the Organisation for ...

May 12, 2016 2 min read

Sri Lanka reforms urgent, govt borrowing to meet daily needs: Central Bank

ECONOMYNEXT – The Sri Lankan government is forced to borrow to even meet its daily spending requirements, making ...

May 11, 2016 1 min read

Sri Lanka should put purely commercial SOEs in Singapore-style holding Co: economists

ECONOMYNEXT - Sri Lanka should only place state enterprises with pure commercial objectives in a planned holding company...

May 7, 2016 3 min read

Sri Lanka budget targets, tax collection path could be bumpy: Moody's

ECONOMYNEXT - A deal with the International Monetary Fund would boost foreign reserves, but tax collections and smaller ...

May 5, 2016 4 min read

Sri Lanka's economic plan with IMF could slow growth, tough to implement: Fitch

ECONOMYNEXT - Sri Lanka's economic plan agreed with the International Monetary Fund would be tough to implement and coul...

May 3, 2016 4 min read

Sri Lanka seeks to raise $685 million from a tax increase

COLOMBO, May 1 (Reuters) - Sri Lanka is seeking to raise Rs100 billion ($685.6 million) in revenue in 2016 by increasing...

May 3, 2016 2 min read

Sri Lanka customs code white paper soon; new income tax law in 2017: FinMin

ECONOMYNEXT - Sri Lanka will release a white paper on a new customs code this year, and a new income tax law will go int...

May 2, 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 will not tax learning; ill health to be taxed: FinMin

ECONOMYNEXT - Sri Lanka will not tax education, Finance Minister Ravi Karunanayake said, but spending by sick and aged p...

May 1, 2016 1 min read

Sri Lankans asked to prepare for higher tax, price ‘pain’

ECONOMYNEXT – Sri Lankans should be prepared for “some pain” as the government raises taxes and admin...

April 29, 2016 2 min read

IMF deal, state sector reforms seen boosting Sri Lanka growth

ECONOMYNEXT – Wide ranging reforms in the state sector that will include loss-making utilities like power and wat...

April 28, 2016 2 min read

Sri Lanka ex-President fires salvo on taxes

ECONOMYNEXT - Sri Lanka's ex-President Mahinda Rajapaksa has slammed a 15 value added tax on health service and educatio...

April 28, 2016 8 min read

Sri Lanka seeks China funding for US115mn water supply deal with CATIC

ECONOMYNEXT - Sri Lanka is to seek funding from China Development Bank and a domestic lender for a 115 million dollar wa...

April 27, 2016 1 min read

Sri Lanka to stop giving tax holiday under BOI law: PM

ECONOMYNEXT - Sri Lanka will stop giving tax holidays under Board of Investment Law and limit it to breaks available und...

April 26, 2016 1 min read

Sri Lanka guarantees, SOE debt, could 'significantly worsen' govt finances: Moody's

ECONOMYNEXT - Sri Lanka's central government balance sheet could significantly worsen if it is called upon to repay cont...

April 26, 2016 2 min read

Pay no bribes to meet me: Sri Lanka's Finance Minister

ECONOMYNEXT - Sri Lanka's Finance Minister Ravi Karunanayake Sunday announced uncovering a racket where visitors were as...

April 24, 2016 1 min read

Sri Lanka rulers in exclusive club slapping VAT on education and health

ECONOMYNEXT - Sri Lanka will join a club of states that charge value added tax from health and education spending by cit...

April 21, 2016 4 min read

Sri Lanka to exempt power, water from VAT: minister

ECONOMYNEXT - Sri Lanka will not charge value added tax from power and water but telecom and health and education servic...

April 20, 2016 1 min read