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Monday November 9th, 2026
Fiscal

Sri Lanka parliament nod for 2023 budget with higher taxes, IMF reforms

Budget passed by 37 majority votes

November 22, 2022 2 min read

Sri Lanka still believes domestic debt re-structure is not required: Minister

So that is why until the bilateral creditor discussions are over, we will not take a decision

November 22, 2022 2 min read

Sri Lanka banks allowed to combine liquid assets of dollar and rupee books

From December 2022

November 22, 2022 1 min read

India top lender to Sri Lanka in 2022

Not counting ACU deferments

November 21, 2022 3 min read
Sri Lanka opposition questions claims that IMF housing tax is only for kulaks

Whatever the President said the IMF agreement says owner occupied house

Sri Lanka Water Board makes profits, tax-payers inject Rs28bn

25 percent of water taken without paying anything

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
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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

Sri Lanka hopes to keep budget deficit to 5.4-pct of GDP with new taxes

ECONOMYNEXT - Sri Lanka hopes to stabilize the economy and trim the budget deficit to 5.4 percent of gross domestic prod...

March 5, 2016 3 min read

Sri Lanka to hike VAT to 15-pct, charge capital gains tax: report

ECONOMYNEXT - Sri Lanka is planning to raise value added tax to a uniform 15 percent, charge capital gains tax and retai...

March 5, 2016 2 min read

Sri Lanka cabinet to meet on contingent liabilities, new taxes

ECONOMYNEXT - Sri Lanka's cabinet of ministers may meet in special session to discuss plans to deal with debt repayments...

March 4, 2016 2 min read

Sri Lanka to lease vehicles on 5-year contracts for state work

ECONOMYNEXT - Sri Lanka plans to lease vehicles on five year contracts instead of purchasing vehicles outright for use b...

March 3, 2016 1 min read

Sri Lanka says uncovers Rs1.1 trillion hidden liabilities of Rajapaksa regime

ECONOMYNEXT – Sri Lanka’s government has uncovered liabilities worth 1.15 trillion rupees that had been hi...

March 1, 2016 2 min read

Sri Lanka dismisses sovereign rating downgrade

ECONOMYNEXT - Sri Lanka's Finance Minister and Central Bank Governor has dismissed a rating and outlook downgrade by Fit...

March 1, 2016 2 min read

Sri Lanka in talks with Citi for US$500mn syndicated loan

ECONOMYNEXT - Sri Lanka is in talks with Citibank to syndicate a 500 million US dollar term loan, Central Bank Governor ...

February 26, 2016 1 min read

Sri Lanka wants IMF program as confidence booster: CB Governor

ECONOMYNEXT - Sri Lanka wanted a program with the International Monetary Fund to signal investors that an economic strat...

February 26, 2016 2 min read

ADB looks at US$200mn in budget support for IMF Sri Lanka program

ECONOMYNEXT - The Asian Development Bank is in talks to provide up to 200 million US dollars in budget support for Sri L...

February 24, 2016 3 min read

ADB looks to join China's AAIB to finance Sri Lanka

ECONOMYNEXT - Manila-based Asian Development Bank is looking to team up with China's Asian Infrastructure Investment Ban...

February 23, 2016 2 min read