In the fourth quarter of 2023, the economy shrank 11.2 percent
Sri Lanka's economic crisis turned into a political crisis last year and ousted its leader and government.
Over 40 Sri Lankan state-sector trade unions started protest against personal income tax rate hike
Targeting South Asia, Middle East and Europe
The August number is slightly lower than 541 million US dollars in July
The government hopes to increase the number of contributors to the funds.
Outlook clouded by pre-existing macroeconomic weaknesses
"Proper regulatory framework will ensure that Sri Lanka will lead the digital economy in the region.”
“The meetings also reviewed drugs policy, environment and climate change, as well as corruption.”
The 3.6 billion US dollar credit line for one year
There is an enormous political aspect to it both internationally and domestically
The loans will have to be a minimum of one year
On October 04, the central bank's Treasury bills stock rose to 1,442.7 billion rupees from 1,336 billion rupees
To take forward joint projects of mutual benefit
He has worked on debt restructuring soft-pegged countries like Argentina and Venezuela as well as Greece
“There is not even a modicum of truth about what is reported everywhere,” said Gammanpila.
What we have to do is see if we get the optimum yield with the existing tax structure
Money printing has triggered a US$2.7bn balance of payments deficit
EU-Sri Lanka Joint Commission to review in early 2022.
Economy dealing with a series of challenges
Central Bank negotiating US$500mn in swaps
We will consider buying back the ISBs if steep discounts continue
The cash margin is removed from today
No change will be made to personal foreign currency accounts,
To help courts to record and transcribe proceedings
For tea industry in particular, the fertilizer cost is only two percent of the total earnings