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Monday November 9th, 2026
Fiscal

Sri Lanka's tax hike will help curb inflation, cut interest rates faster - cenbank chief 

Sri Lanka's increased tax rates will be effective from December 1

November 25, 2022 2 min read

Sri Lanka President needles opposition for dumping R Premadasa for Rajapaksa

Privatization or peopleisation was started under President Ranasinghe Premadasa

November 24, 2022 2 min read

Sri Lanka dollar borrowings drive debt-to-GDP expansion by June

Rupee debt holders suffer 35-pct IFR hair cut

November 23, 2022 2 min read

Venezuela printed money like Sri Lanka driving women into prostitution: Kabir

We are not against reforms. However the pain must be shared

November 22, 2022 4 min read
Sri Lanka cabinet approves signing restructured bilateral debt deals: Minister

President Wickremesinghe is due to make a "special" national address on Wednesday evening

Sri Lanka to get US$150mn from World Bank for health amid ageing population

Pandemic preparedness will also be improved.

Sri Lanka aims primary surplus in 2018 under IMF deal, to suspend BOI law: report

ECONOMYNEXT - Sri Lanka will suspend an investment promotion law that give sweeping tax breaks to companies and the budg...

April 20, 2016 3 min read

Sri Lanka may slap a lower annual franchise tax: report

ECONOMYNEXT - Sri Lanka may reduce 60,000 rupee (400 dollar) proposed annual franchise tax on incorporated bodies to 18,...

April 19, 2016 1 min read

Sri Lanka could get IMF deal in June

ECONOMYNET - Sri Lanka could get funds from an International Monetary Fund in June 2016, if a preliminary deal is reache...

April 18, 2016 3 min read

Sri Lanka can achieve economic transformation in New Year: PM

ECONOMYNEXT - Sri Lanka faces challenges but economic and social transformation that will bring prosperity, Prime Minist...

April 14, 2016 2 min read

IMF urges Sri Lanka to move fast on tax hikes announced in March

ECONOMYNEXT - The International Monetary Fund urged Sri Lanka to move fast on tax hikes proposed in a cabinet paper by P...

April 12, 2016 4 min read

Sri Lanka sets criteria to select chairmen, directors for SOEs

ECONOMYNEXT - Sri Lanka is setting criteria for selecting appoints to state owned enterprises (SOEs) in a bid to improve...

April 8, 2016 2 min read

China Development Bank to set up Colombo office, AIIB team to visit Sri Lanka

ECONOMYNEXT - A team from newly-established Asian Infrastructure Investment Bank will visit Sri Lanka and China Developm...

April 7, 2016 1 min read

Sri Lanka capital gains tax in six months

COLOMBO, April 1 (Reuters) - Sri Lanka has postponed a plan to reintroduce capital gains tax by six months, a senior off...

April 3, 2016 2 min read

No Sri Lanka VAT increase on April 01

ECONOMYNEXT - There is no increase in value added tax to 15 percent on April 01, a senior Treasury official said.

April 1, 2016 1 min read

Sri Lanka to grow 5.3-pct in 2016 with IMF deal: ADB

ECONOMYNEXT - Sri Lanka's economy will grow 5.3 percent backed by a deal with the International Monetary Fund and more t...

March 30, 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 talks with Green Climate Fund

ECONOMYNEXT - Sri Lanka has had talks with Korea-based Green Climate Fund with two deputy ministers meeting its chief.

March 29, 2016 1 min read

Sri Lanka's new taxes in April and September

ECONOMYNEXT - Sri Lanka will charge newly proposed from April and September 2016 to bring down the budget deficit and st...

March 24, 2016 3 min read

Three Sri Lankan SOEs account for bulk of hidden Rs1.1trln liabilities: Ravi

ECONOMYNEXT – Costly loans taken by three state-owned enterprises including SriLankan Airlines under the former R...

March 17, 2016 2 min read

India swap rollover to help Sri Lanka; but shows external gap: Moody's

ECONOMYNEXT - A rollover of 1.1 billion US dollar swap line from the Reserve Bank of India will help Sri Lanka but it al...

March 17, 2016 2 min read

Sri Lanka people face Rs8.7bn bill over latest Lak Sathosa scandal

ECONOMYNEXT - In the latest case of mis-management at Lak Sathosa, a trading agency run by the elected rulers, is facing...

March 17, 2016 2 min read

Sri Lanka extracts more taxes from people in 2015, tax take rises

ECONOMYNEXT - Sri Lanka has extracted more taxes from the people in 2015, with the tax take rising to 11.5 percent of gr...

March 17, 2016 2 min read

Sri Lanka debt repayment, interest Rs1.2 trn in 2016

ECONOMYNEXT – Sri Lanka’s government has to pay 1.21 trillion rupees on its loans this year, including 562...

March 8, 2016 1 min read

Sri Lanka to impose capital gains tax, raise other taxes

ECONOMYNEXT – Sri Lankan Prime Minister Ranil Wickremasinghe said the government will revise the 2016 budget and ...

March 8, 2016 1 min read

Sri Lanka private credit slows in December 2015, no monetization

ECONOMYNEXT - Sri Lanka's bank credit to private business slowed to 43.6 billion rupees in December 2019 from 91 billion...

March 8, 2016 2 min read

Sri Lanka to get $1.5-bln IMF loan to avert balance of payments woes

COLOMBO, March 7 (Reuters) - Sri Lanka will receive a loan of $1.5 billion from the International Monetary Fund (IMF) to...

March 7, 2016 3 min read