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Change in Tariffs on Monthly Electricity Consumption
Electricity tariffs were initially revised in August 2022, which was the first revision since November 2014. However, in February 2023 tariffs were revised again (see table below).
Featured Insight
Change in Tariffs on Monthly Electricity Consumption
Electricity tariffs were initially revised in August 2022, which was the first revision since November 2014. However, in February 2023 tariffs were revised again (see table below).
Featured Insight
Change in Tariffs on Monthly Electricity Consumption
Electricity tariffs were initially revised in August 2022, which was the first revision since November 2014. However, in February 2023 tariffs were revised again (see table below).
Featured Insight
Change in Tariffs on Monthly Electricity Consumption
Electricity tariffs were initially revised in August 2022, which was the first revision since November 2014. However, in February 2023 tariffs were revised again (see table below).
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Sri Lanka’s debt negotiations stall over GDP growth projections and repayment terms – Nishan de Mel
In a recent televised interview, Nishan de Mel, the Executive Director of Verité Research, highlighted the significant concerns raised by holders of Sri Lanka’s International Sovereign Bonds (ISBs) regarding the country's de...
2024-04-20
The Island
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Sri Lanka making new economic laws to embed structural reforms
Sri Lanka is undergoing a legislative transformation, with Treasury Secretary Mahinda Siriwardana revealing plans to introduce new laws and revise existing ones based on past experiences and lessons learned. The focus lies on structural refo...
2024-04-14
Economy Next
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Drafting of property tax proposal initiated
The Ministry of Finance in Sri Lanka has confirmed its intent to introduce a new National Property Tax (NPT), following recommendations from an International Monetary Fund (IMF) study. Contrary to rumors, the government clarified that only a...
2024-04-13
The Morning
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State-owned Enterprises: Losses cost Rs.141,809 per household
The Advocata Institute in Colombo highlights the urgent need for reforms in Sri Lanka's State-owned Enterprises (SOEs), stressing that the government's procrastination is burdening taxpayers. With losses reaching Rs. 744.6 billion in 2022 alone, equivalent to si...
2024-04-12
The Morning
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Revenue generated by divesting SOE’s could be ploughed back to infrastructure projects – World Bank
Senior Economist Richard Miller of the World Bank emphasized the necessity for Sri Lanka to persist with its State-Owned Enterprise (SOE) reform program, dismissing the argument against divesting profitable SOEs. He highlighted that privatiz...
2024-04-11
Daily News
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