Notable
The loan is given from ADB's Ordinary Capital Resources window
Tea prices down around 100 rupees a kilo over two weeks
After firing the housing bubble for 're-flation' macro-economists shattered fiscal metrics with stimulus
There is VAT difference between brown and white sugar
IMF team due in January for discuss revised review
About 600 billion rupees in 2025 and 300-350 billion in 2025
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
| 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 | - | - |
Expectds bankruptcy to end and support from all countries to be restored
Now we are talking for the final time with private bondholders
Guaranteed debt includes a credit to the Reserve Bank of India which the central bank is paying down
It is incorrect to say that foreign debt is not being repaid
The decision was made not to sell the longer tenor as current high interest rates were considered temporary
The island-nation is one week away from a presidential election.
Agriculture was the next highest priority for increased spending (33 percent), followed by food assistance (9 percent).
The timing of the Third Review will be discussed with the government following the elections
The salary hike would be made within the recurrent primary expenditure (before interest), of 12.7 percent of GDP.
For financial sector stability and water reforms
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