Notable
Current spending rise 15-pct
Warns on fiscal risk
Local sovereign bond holdings go up
The difference in taxes between 100kW and 150kW car could be as much as 4 million
The floodwaters reached nearly 720,000 buildings, about one in every twelve buildings in the country
There are hundreds of smaller road also damaged
.
"Just because they are graduates, they can't be made teachers,"
Import duties may have to be hiked 42-pct
I raised VAT to 18 percent and faced the criticism of the public to pay the salaries
Discount rate 11-pct
.
Also leaves room for ESG bond
The loan is the first part of a 300 million dollar program
Interest rates on loans will be 2.1-pct or less
| 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 government ended up with 542.3 billion rupees cash surplus by April.
Then will have that agreement as well
Current account deficit still wide. Primary balance is surplus due to interest bill exceeding overall deficit
Foreign financing was a net repayment of equivalent to Rs14.9bn in the first three months
While India and several nations negotiated with the Paris Club, China negotiated on a parallel track
Sri Lanka will then have until 2043 to repay the loans under concessional terms
.
Agreement with China Exim Bank also to be signed today
A property tax was implemented even when N.M. Perera was the Finance Minister
Talks with sovereign bond holders later in the week
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
2 min read