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Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
Featured Insight
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
Featured Insight
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
Featured Insight
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
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Cabinet nod to increase national minimum wage to Rs. 17,500
The Cabinet of Ministers in Sri Lanka has approved a proposal to increase the national minimum wage by Rs. 5,000. As a result, the minimum wage will rise from Rs. 12,500 to Rs. 17,500. This decision comes following a recommendation from a te...
2024-03-27
Daily Mirror
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CBSL allocates US$ 500 mn required for ISB maturing in January
The Central Bank of Sri Lanka (CBSL) has allocated the forex required for the US$ 500 million International Sovereign Bonds (ISB) that is maturing on January 18, Governor Ajith Nivard Cabraal announced.
2022-01-06
Daily News
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Sri Lanka central bank goes US$1.6bn in to the red in Nov 2021.
Sri Lanka’s central bank has gone deeper into red in November 2021, with net foreign assets negative by around 1.6 billion dollars (-329.9 billion rupees), as money printing continued and reserves fell
2022-01-04
Economy nEXT
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Fitch downgrades Sri Lanka sovereign rating to CC
Fitch has downgraded Sri Lanka to ‘CC’ from ‘CCC’ saying there was an increased probability of default as liquidity injections made to sterilize interventions and enforce a 6.0 percent policy rate continue to drain re...
2021-12-18
economynext
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Bonus for Public sector workers
Employees of State corporations and fully government-owned companies will be entitled to bonuses ranging from a minimum of Rs 5,000 to a maximum of Rs 15,000 this season.
2021-12-17
Ceylon Today
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