Notable
Also begun discussions on the $3mn grant for disaster relief
And right now, Staff is looking into options to further support Sri Lanka in the recovery proces
Vietnam and Thailand get $2mn each
The World Bank has been commissioned to conduct the Global Rapid Post-Disaster Damage Estimation
We saw that our gem industry was slowly moving out of Sri Lanka and was shifting to other countries
The provisions allowing uncompensated curtailment
Procedures for registration, payment, and compliance will be specified by the Commissioner-General
There are several red flags and one green one
Looking at energy and water sector delivery services
Going forward, ADB has pipelined a similar volume in budget support for 2025
However from around 2028, foreign debt repayments will start going up
India played a key role in restructuring Sri Lanka's debt as a co-chair
In the last six months, we have converted a loan of 100 million dollars into to a grant
The formula seems to match many countries
By 2019 the CWE's net assets were negative
SriLankan also has other debts
| 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 |
| 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 |
| 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 |
| 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 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
That is something I will have to think about
Low and medium risk exporters will be given refunds without an audit after then submit returns
Tender awarded day before election
Accrued interest from January 01, 2023 to December 31, 2023, will be paid on July 05, 2025
The contract was awarded to China's MCC in 2015
First agreement with official creditor committee
An agreement in principle was reached with CDB in November 2024 and was assessed by the IMF staff
.
Service exporters can also offset any taxes charged by the foreign country
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