Notable
Vijitha Herath is set to visit New Zealand and Australia from May 26 to June 3.
CBSL, as the manager of the EPF, applies lower transparency standards to the EPF than to other financial entities
A maximum LTV ratio of 70 per cent , and maximum LTV limits tightened by 10 percentage points
Government denies leaking information for two private firms to open 4,000 LCs. Claimed only 1,762 LCs opened on May 15
"Under the guise of building reserves in our country, it is like going to a bank and taking an overdraft
Business activity expanded in July 2026, CBSL said, supported by broad-based improvements across service sectors.
About Rs16.5bn remains
Meanwhile the IMF also outlined some reforms
What we are trying to do is resizing and bringing technology so that we could make things efficient
Customs revenue was mainly boosted by vehicle import tax
The visit is organized by the Ceylon Chamber of Commerce Sri Lanka – Greater Mekong Business Council (SLGMBC).
The only deflationary policy in 2025 came from Treasury coupon payments on the central bank's bond portfolio
.
Also welcomes reduction of VAT threshold
Policy implementation will be the key for success of 2026 budget
| 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 budget targets a deficit of 5.1% of GDP in 2026, wider than the 4.5% that the government expects in 2025.
Focused on improving SMEs' capacity to compete effectively in the EU market
Says budget 2026 reinforces policy stability, calls for faster implementation of reforms to achieve growth
The proposals aligned with Sri Lanka’s commitments under the IMF reform programme
In 2025, 10 billion rupees had been paid
The program will also support private sector participation, and management of state-owned enterprises
There was no number given in the budget on the payments to be made
This initiative builds on earlier banking sector reforms and aims to broaden access to finance for MSMEs
Sri Lanka announced housing loans, pension scheme for expatriate workers in its 2026 budget
For us, a small country to grow, the most important thing is how far you integrate with the regional economy
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