Notable
The new amendments aim to expand the tax base to sustain the government revenue
The revenue collecting body has already achieved more than 60% of 2026 target
COPF exposed the unpreparedness to implement the proposal
Sri Lanka's heavy outflows have led to sharp depreciation in rupee
Training on the Sovereign Risk and Debt Sustainability Framework (SRDSF) as part of IMF’s capacity development program
It has achieved 83% of this year’s target even before the end of eight months
Projects in other areas will also be launched in the coming days
Rupee depreciated due to flaw in IMF program
The assistance will be multi-pronged, assisting Sri Lanka in sectors that are the worst hit
We have introduced criteria based on investment volume and the number of jobs created
Revenue from vehicle imports estimated to fall by around 70% in 2026 compared to last year
The rupee has since depreciated to 310 to the US dollar
The Nanu Oya to Badulla track, alone was estimated to cost around US$127mn to fix
The contract was awarded after calling competitive tenders
We are looking at whether it is possible to provide a pension
Capex to rise 1-pct of GDP and current spending by 0.4-pct
| 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 | - | - |
Sri Lanka's consumer prices have risen 3.4-pct over 39-months from September 2022
We think we can reach 2,540 billion rupees
The loans will be provided by commercial banks
Govt allocates significant funds for public investment. some of which could be replaced by new tools
.
Budget current account is surplus to November
Sri Lanka has one of the highest rates of vehicle tax in the world
Announces $100mn in grants
Damage to railways estimated at US$1.7bn
President has said $500mn could be expected
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