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Tuesday September 26th, 2023
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The US announced the commitment of 19.23 million US dollars in additional funds to further the development of Sri Lanka.
A central bank analysis shows EPF return could fall further if DDO is not chosen
President Wickremesinghe is in New York attending the United Nations General Assembly meetings
State salary bill as a share of taxes has fallen to 55 percent of taxes in the first four months of 2023
Sri Lanka saw protests against ETCA when it was scheduled to be signed
Sri Lanka, in an unprecedented way, defaulted on its sovereign debts in April last year
The government will issue new bonds to eligible holders on Thursday September 14.
Cabinet agreed to postpone repeal of the simplified value added tax (SVAT) to April 1, 2025.
The IPS said 193 respondents are considering re-migration within 2023.
Sri Lanka Customs confiscates arecanut valued at 27,484,868 rupees.
Minister of Finance said special commodity levy of 50 rupees on a kilo of potatoes is to be extended by four months
“Last year, we were among countries with the lowest levels of state revenue,” said Siyambalapitiya.
Sri Lanka is scrapping SVAT as part of streamlining the VAT system under an International Monetary Fund backed program.
Management resistence in one or two companies
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.
| Latest | Last | |
|---|---|---|
| US Dollar | 330.2942 | 315.1016 |
| UK Pound | 429.0139 | 401.1871 |
| Euro | 372.1704 | 343.1959 |
| Aus Dollar | 227.2526 | 211.5951 |
| Yen | 2.3820 | 2.1908 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.6453 | 3.5932 |
| Korea Won | 0.2342 | 0.2292 |
| Oman Rial | 780.3569 | 769.4973 |
| Saudi Riyal | 80.1114 | 78.9849 |
| UAE Dirham | 81.7952 | 80.6569 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,573.80 | 1.00% |
| CSE All Share | 9,073.41 | 0.65% |
| Turnover Rs million | 1,591,766,524.95 | 1,029,335,694.32 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 21.72 | 21.79 |
| 6-m bill | 19.55 | 20.31 |
| 12-m bill | 17.72 | 19.28 |
| 5-yr bond | 21.00 | 22.53 |
| 8-yr bond | 19.42 | 20.55 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 13.93 | 14.00 |
| Gilt Repo | 13.50 | 14.00 |
| I-m SLIBOR | - | - |
"We must not allow the gains that we have made to be reversed through policy slippage,” he said.
About 80 state commercial entities could potentially be divested
Sri Lanka's inflation is near zero, and the central bank allowed the rupee to appreciate after curbing domestic credit
Sri Lanka has repaid a swap to Bangladesh
The Welfare Benefits Board will make the payments for the remaining beneficiaries after verification of accounts.
“These areas are set to undergo rapid development, transforming into vibrant commercial cities,” he said.
These policy-based loans will be underpinned by critical sector reforms
Crisis-hit country is looking for digital economy to boost businesses, reduce corruption
Sri Lanka has relaxed import controls step by step over the past few months
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