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Sri Lanka Met 38 IMF Commitments and Failed 8 by end-August
Featured Insight
Sri Lanka Met 38 IMF Commitments and Failed 8 by end-August
Featured Insight
Sri Lanka Met 38 IMF Commitments and Failed 8 by end-August
Featured Insight
Sri Lanka Met 38 IMF Commitments and Failed 8 by end-August
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Treasury owes Rs.108 b to senior citizen deposits
Sri Lanka's Treasury owes Rs. 108 billion to banks for higher interest rates on senior citizen deposits, terminated during the economic crisis. Dr. Ranjith Siyambalapitiya, State Minis...
2024-04-26
The Morning
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Govt. hikes VAT to 18% to meet revenue targets set by IMF
The government has announced a VAT rate increase from 15% to 18% effective from January 1, 2024, to meet revenue targets set by the International Monetary Fund (IMF). Despite a significant 51% increase in tax receipts during the first nine m...
2023-11-01
Daily Ft
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Sri Lanka services exports rise in September
Sri Lanka's services exports surged by 55.6% to $2.3 billion, driven by ICT/BPO, construction, financial services, transport, and logistics. The country's total goods and service exports for the first nine months of 2023 amounted to...
2023-10-27
Economy Next
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Electricity tariff increase: Revised rates announced
The Public Utilities Commission of Sri Lanka (PUCSL) has approved revised electricity charges, effective from October 20. These changes, requested by the Ceylon Electricity Board (CEB), aim to boost the state-run utility's revenue. The n...
2023-10-20
adaderana.lk
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IMF reaches agreement on First Review of Sri Lanka’s EFF; 2nd tranche to be released
The IMF and Sri Lankan authorities have agreed on economic policies for the first review of a 48-month Extended Fund Facility (EFF) arrangement. Once approved by the IMF Management and Executive Board, Sri Lanka will receive $330 million in...
2023-10-19
News First
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