Notable
Sri Lanka suspended tax holidays running up to 20 years or more given under Strategic Development Project Act,
Spending on SPC drugs up 230-pct
Customs is expected to collect 46% of the total tax revenue of Rs.4,590 billion for this year
Banks increased government bond holdings till June
Top names include Joseph Stiglitz and Stephanie Kelton
Growth to be hit in the short term
Citigroup to manage bond exchange
The required cordial and good environment was built between the two sides
Dates for the Third Review under the EFF will be announced in due course
Many reforms in Japan occurred against the backdrop of foreign pressures to open the country to foreign trade
Cordial discussions between the IMF delegation and the economic team of the new government
Sri Lanka has reached many QPCs but some tax measures are outstanding
Attempts to find a buyer for the airline so far has failed.
ISB framework deal to be discussed with IMF. DDR to be discussed in future
President Dissanayake said Sri Lanka expects to begin talks with the IMF quickly
The petition was filed by Epic Lanka (Pvt) Ltd
| 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 | - | - |
World Bank Group affirms its strong commitment to fostering inclusive growth and economic recovery
We will start discussions with creditors and wrap up debt restructuring and get the concessions
.
Recent deals show progress is being made
Siriwardana held the fiscal reigns during the worst currency crises triggered by mis-targeting rates
Mahinda Siriwardana was re-appointed as Treasury Secretary earlier on Tuesday
A four member cabinet to be appointed
Compared to July deal, NPV value would increase to 33-pct from 27-pct
The initial joint framework was determined to be incompatible with IMF parameters
If not, we will have to say that we will change it
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