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Monday November 9th, 2026
Economy

Sri Lanka electronic procurement platform online at promise.lk

A series of ministries and agencies are already on the system

April 24, 2023 1 min read

Sri Lanka publishes 'Aswesuma' welfare beneficiaries

More than 2 million beneficiaries slated to get payments

April 23, 2023 3 min read

Sri Lanka manufacturing up, retail trade down in March 2023 : PMI

Employment continued to decline

April 22, 2023 2 min read

Sri Lanka meets most IMF commitments, transparency platform not done

An IMF program typically has prior actions before it is approved which has to be met.

April 21, 2023 2 min read
IMF to closely discuss upcoming budget with Sri Lanka

We will be interested in convincing ourselves that this budget is in line with the program objectives

Sri Lanka reaches staff level agreement with the IMF

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Sri Lanka forex reserves down to US$6.46bn September

Sri Lanka's forex reserves fell 138.8 million dollars from a month earlier to 6.46 billion rupees in September 2016, fro...

October 9, 2016 2 min read

Sri Lanka's budget gap improves in July 2016, but revenues falter

Sri Lanka's budget deficit improved to Rs432.7 billion in July 2016 or 3.6 percent of gross domestic product, down from ...

October 7, 2016 2 min read

Sri Lanka India economic pact to create US$500bn economy: PM

Sri Lanka will sign an economic pact with India by the end of the year that will expand trade and services creating a $5...

October 7, 2016 2 min read

Sri Lanka raises cigarette tax

ECONOMYNEXT – The Sri Lankan government has decided to increase the tax on cigarettes by Rs7 each to raise revenu...

October 4, 2016 1 min read

Three Sri Lankan startups shortlisted for Helsinki Accelerator event

ECONOMYNEXT – Three Sri Lankan startups have been shortlisted to take part in the Slush Global Impact Accelerator...

October 4, 2016 2 min read

Sri Lanka to increase state revenues to Rs1,850bn in 2017: Ravi

Sri Lanka is hoping to boost state revenues to 1,850 billion rupees in 2017 or around 14.2 percent of gross domestic pro...

October 4, 2016 2 min read

Sri Lanka to sell-down stakes in listed companies shortly: Finance Minister

Sri Lanka plans to sell down government stakes in listed companies by the end of the month, which also serve as a positi...

October 4, 2016 1 min read

Sri Lanka PM calls for Commonwealth economic arrangement after Brexit

Sri Lanka's Prime Minister Ranil Wickramamsinghe has called for greater economic and trade links among Commonwealth nati...

October 4, 2016 1 min read

Sri Lanka looking at 'market orientation' of the rupee CB Governor

Sri Lanka is moving towards a 'market-oriented rupee' Central Bank Governor Indrajit Coomaraswamy said, amid speculation...

October 3, 2016 3 min read

Sri Lanka to have long term budget in 2016: Ravi

Sri Lanka will have a 'long-term' budget in 2017, finance minister Ravi Karunanayake said as the country moves towards a...

October 3, 2016 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Source: Central Bank/Indicative
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
Source: Central Bank/Indicative
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
Source: CSE
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
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's Sept core inflation picks up slightly, despite tightening

COLOMBO, Sept 30 (Reuters) - Sri Lanka's core inflation picked up slightly in September, data from the Department of Cen...

September 30, 2016 1 min read

Sri Lanka growth to reach 5.0-pct in 2016, despite tighter policy: CB Governor

Sri Lanka's economic growth will pick up in the second half of 2016 to end the year between 5.0 to 5.3 percent, despite ...

September 28, 2016 3 min read

Sri Lanka keeps rates unchanged, expects credit to slow

Sri Lanka is keeping policy rates unchanged in September though credit growth was at 28.5 percent in July it was expecte...

September 28, 2016 2 min read

Sri Lanka India trade talks to continue in Delhi

Sri Lanka and India will hold negotiations on a proposed trade deal that will bring the economies of the two countries c...

September 28, 2016 1 min read

India to invest $2 bln in Sri Lanka in next four years - minister

India will invest up to $2 billion in Sri Lanka over the next four years in a range of sectors including real estate, en...

September 28, 2016 1 min read

US helps Sri Lanka do PPP national policy, regulations

ECONOMYNEXT – The United States is helping Sri Lanka prepare a national policy and strategy on Public Private Pa...

September 26, 2016 2 min read

Sri Lanka VAT charge only on taxable goods turnover

ECONOMYNEXT – Value Added Tax (VAT) will be charged only on the turnover of goods liable for VAT under planned le...

September 26, 2016 4 min read

IMF urges Sri Lanka to have predictable tax system

Sri Lanka should complete the implementing value added tax and start work on a new income tax law to make the tax system...

September 26, 2016 2 min read

Sri Lanka should be ready to tighten monetary policy: IMF

Sri Lanka should be ready to tighten monetary policy if inflation and credit growth remains high, the International Mone...

September 26, 2016 2 min read

Sri Lanka confirms tax breaks for expanded China Port City

ECONOMYNEXT - Sri Lanka's has confirmed tax breaks for an expanded China Port City, originally promised by the ousted Ra...

September 25, 2016 2 min read