An Echelon Media Company
Monday November 9th, 2026
Fiscal

Sri Lanka banks cut Treasury bill holdings as private credit picks up

Sri Lanka's bill auctions have failed to be fully subscribed in recent weeks at the cut off rates

September 11, 2025 3 min read

Sri Lanka repays foreign debt of $952mn in 2Q including $331 sovereign bond

Many of Sri Lanka's other bond including macro-linked bonds are amortizing securities

September 10, 2025 5 min read

Sri Lanka cabinet clears 2026 budget bill

The Appropriation Bill was cleared by the Attorney General

September 9, 2025 1 min read

Sri Lanka delays online services VAT till April 2026

Service providers had also requested more time.

September 4, 2025 1 min read
IMF meeting on Sri Lanka Rapid Finance loan on Dec 19

An IMF team is also expected in January for discussions on completing the review

Sri Lanka Malwathu Oya hydro project cost inflate 106-pct over 6 years

The revised cost of the project submitted to cabinet in December 2025 was 47.18 billion rupees

Sri Lanka budget deficit down 52-pct in June, taxes up 42-pct

Interest bill start to come down with greater monetary stability

August 26, 2024 4 min read

Sri Lanka delays Hilton building sale until after the elections

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August 24, 2024 2 min read

Sri Lanka alcohol makers default on taxes of Rs7.9bn

W M Mendis and Company, Wayamba Distilleries, Wayamba Spirits, Globe Blenders, McCallum Brewery, and Kalutara Cooperativ

August 21, 2024 1 min read

Sri Lanka to amend controversial SDP tax law by February 2025

A bizarre incentive given for SDB Projects is to make salaries of top executives completely free of tax

August 19, 2024 5 min read

Sri Lanka SOEs major source of corruption

"State-owned enterprises are a major source of corruption vulnerabilities in Sri Lanka,"

August 19, 2024 2 min read
1

Sri Lanka personal income tax relief to cost 0.08-pct of GDP

Compensating measures discussed

August 18, 2024 3 min read

Sri Lanka SOE sale process was slow to avoid reversals

"If it is reversed it would have damaged the investment environment in the country,"

August 15, 2024 2 min read

Sri Lanka govt pitches income tax relief to IMF ahead of polls

President Wickremesinhe was unpopulour for his tax reforms

August 14, 2024 2 min read

Sri Lanka's Browns backed Marina in Port City named strategic venture

Browns Investments

August 13, 2024 1 min read

Sri Lanka plans Rs200bn state worker wage hike for 2025

Pensioners to get half the cost of living allowance

August 13, 2024 2 min read
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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 to pay Rs6,000 to state pensioners in October after EC opposition

Elections Commission had opposed the move as polls were declared for September 21

August 12, 2024 1 min read

No decision yet on reducing Sri Lanka arrack price

Though there has been requests by various parties to reduce the price of arrack no decision has been taken yet

August 11, 2024 1 min read

ADB working on Sri Lanka $100mn tourism sector loan

A $200mn loan linked to financial sector reform is also in the works

August 9, 2024 1 min read

Sri Lanka Customs internal affairs unit opened after IMF findings

Internal Affairs Units will be set up at Inland Revenue and Excise agencies

August 9, 2024 2 min read

Sri Lanka banks owed Rs88bn to banks on past senior citizen interest subsidies

This is a time when are progressively paying them back

August 7, 2024 2 min read
2

Sri Lanka signs ADB 25-year US$100mn budget support loan

Loan linked to power sector reforms

August 6, 2024 1 min read

Sri Lanka to re-start subsidy to keep senior citizen deposit rate at 10-pct

The subsidy is coming ahead of elections

August 6, 2024 1 min read
1

Sri Lanka seeks details after getting OCC, IMF views on ISB restructure plan

The statement did not say what the initial assessments indicated

August 2, 2024 1 min read

Sri Lanka raises state pensions from September

Sri Lanka has about 700,000 pensioners.

August 2, 2024 1 min read

IMF says assessed Sri Lanka ISB deal, urge taxes in next budget

Central bank keeps inflation below target

August 2, 2024 7 min read