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Sunday February 5th, 2023
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The Monetary Board will make a decision on whether there are sufficient amounts to transfer
Food prices up 113-pct since overtly inflationary policy began Feb 2020.
"We will definitely reduce this tax," he said.
Combination of revenue increases and spending restraint seen
Commemorative coin available for sale from March 2023
Russia, UK, India and Germany remain the top three source markets since 2022.
Finance Ministry will be told to compile reports on how the public tax money was spent
Finance Ministry is struggling to pay whopping state sector salary bills for January
Hopes to conclude talks in about six months
All efforts on speeding up IMF program
Broiler meat prices collapse as price signals allowed to work without state interference
Sri Lanka is engaged with other official bilateral creditors to obtain similar assurances
Food prices down for the third month
Salaries will be paid on January 25
Advance payments are converted before goods are shipped at least by two banks
The monetary authority operates a peg at 360 to the US dollar through a surrender rule
| Latest | Last | |
|---|---|---|
| US Dollar | 371.7127 | 371.6601 |
| UK Pound | 453.5962 | 453.9794 |
| Euro | 396.3156 | 396.4763 |
| Aus Dollar | 250.1862 | 251.1981 |
| Yen | 2.8251 | 2.7549 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.3961 | 4.3963 |
| Korea Won | 0.2820 | 0.2791 |
| Oman Rial | 943.2237 | 943.2268 |
| Saudi Riyal | 96.7270 | 96.7115 |
| UAE Dirham | 98.8729 | 98.8786 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,653.84 | -1.51% |
| CSE All Share | 8,420.26 | -1.04% |
| Turnover Rs million | 4,621,153,484 | 2,824,714,520 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 31.03 | 31.03 |
| 6-m bill | 29.57 | 29.60 |
| 12-m bill | 28.41 | 28.41 |
| 5-yr bond | 27.49 | 27.57 |
| 8-yr bond | 27.44 | 27.23 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
Pakistan has seen its reserve fall from 17 to 4 billion US dollars over 12 months
China Exim Bank responds to Sri Lanka
Sri Lanka trade unions have started to protest against tax hikes; protesters warn of more agitation
His presence in Sri Lanka was testimony to Prime Minister Narendra Modi's Neighbourhood First policy, said Jaishankar.
India this week gave debt assurance to the IMF.
"I am confident that the gravity of the situation is realised by policymakers here,” Jaishankar said.
Bank repayments of foreign credits will reduce the current account deficit
Jaishankar is scheduled to meet President Ranil Wickremesinghe, Prime Minister Dinesh Gunawardena and others.
“The US stands ready to assist SL to unlock IMF assistance when all creditors agree to fair and equitable treatment."
The financing and debt relief will be provided by the Export-Import Bank of India, said Mishra in his letter.
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