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Monday November 9th, 2026
Fiscal

China working with other lenders on 'easing' Sri Lanka debt

'working with relevant countries and international financial institutions to support Sri Lanka to ease the debt'

November 19, 2022 2 min read

Sri Lanka has second meeting to firm up World Bank policy loan

The loan has fiscal, energy and climate goals

November 18, 2022 1 min read

Sri Lanka budget revenues surge 38-pct to Sept 22 as economy inflates

Budget deficit, current spending down in IFR

November 18, 2022 4 min read

Sri Lanka has Rs200bn arrears to suppliers: Treasury Secretary

Unfortunately the government is not in a position to pay them

November 17, 2022 1 min read
Sri Lanka car permit tax losses Rs14bn in two years of partial disclosure

The list only shows waivers of a so-called 'luxury tax' waivers applicable to vehicles above certain value

Sri Lanka ready to sign bilateral debt restructure deals: Minister

Sri Lanka has bilateral debt with Paris Club creditors, India and China

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
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 must cut budget deficit, tax people more: ADB president

ECONOMYNEXT – Sri Lanka needs to work on fiscal consolidation and reduce the budget deficit and raise revenue, vi...

February 23, 2016 2 min read

Sri Lanka probe uncovers road building scam in Kotte

ECONOMYNEXT - A probe initiated by Deputy Minister Harsha de Silva has uncovered a scam where road contractors in his el...

February 22, 2016 2 min read

ADB shifting focus on Sri Lanka's transport, education and energy

ECONOMYNEXT - The Asian Development Bank will shift its lending to expressways, rail, higher education and renewable pow...

February 19, 2016 2 min read

Sri Lanka to move towards taxing capital: PM

ECONOMYNEXT - Sri Lanka will progressively move to tax capital in the future and reduce dependence of taxing less rich p...

February 16, 2016 3 min read

Sri Lanka tax policy that promotes hard alcohol use is 'shocking': beer maker

ECONOMYNEXT - Sri Lanka's largest beer maker that has seen sales fall as taxes on soft alcohol were raised in quick succ...

February 14, 2016 3 min read

Sri Lanka uncovers rice scam at LakSathosa

ECONOMYNEXT - State owned enterprise Lak Sathosa, which is propped up at a cost to the people with Treasury support has ...

February 11, 2016 2 min read

Sri Lanka's 2015 budget deficit tops 6.0-pct of GDP by November

ECONOMYNEXT - Sri Lanka's budget deficit has topped 690 billion rupees by November 2016, higher than a revised out-turn ...

February 10, 2016 3 min read

Sri Lanka has to trim budget deficit urgently: IMF

ECONOMYNEXT - Sri Lanka has to trim its runaway budget deficit "urgently" to and raise more taxes, the International Mon...

February 5, 2016 3 min read

Sri Lanka earns Rs232bn from vehicle taxes in 2015

ECONOMYNEXT - Sri Lanka has earned 232 billion rupees from vehicle taxes in 2015, Finance Minister Ravi Karunanayake sai...

February 1, 2016 2 min read

Sri Lanka IMF talks points to austerity ahead: economist

ECONOMYNEXT – Sri Lanka’s desire to get a loan from the International Monetary Fund (IMF) indicates the is...

January 25, 2016 2 min read