Notable
As a result there will be significant increase in reserves in December
We think we can open the price bids by January
"We will make the refunds for low and medium risk exporters within 16 days,"
Rs 25bn injected in 2025 not counting the sovereign guaranteed bond
Projects in other areas will also be launched in the coming days
Rupee depreciated due to flaw in IMF program
The airline also planned to strengthen its position on routes which had market leadership
Sri Lanka's debt trajectory remains on a positive path
In a good budget there cannot be a lot of money for unexpected expenditure
46 voted against
Foreign exchange earnings will be at a 15 percent
The 175 million dollar bond was issued in 2019, rolling over a previously issued 5-year security
Sri Lanka banned car imports in as the central bank cut rates with inflationary domestic operations in 2020
No decision has been taken to change or reduce any taxes that have been already published in the gazette
A budget for 2025 has hiked gaming levies
Fitch believes the goal is achievable, given revenue-raising measures already announced and implemented
| 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 | - | - |
The report did not give the reason for the steep rise in costs
Net borrowings were 1,818 billion rupees
Once it is finalized we expect the rating assigned to Sri Lanka will be further improved
There are already 100,000 'development officers'
Aiming for tax revenue of 13.9-pt of GDP in 2024, up from 12.3-pct in 2024
Last government agreed with IMF to introduce property tax from 2025
A digital services tax will be legislated
Changes under Tax Appeals Commission Act, No.23
The breakwater expansion study has already begun
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