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Sri Lanka annual GDP growth projected to be around 4.5% – 5 % in 2024
Sri Lanka's 2024 economic outlook shows 4.5%-5% GDP growth, rising inflation, stabilized interest rates boosting private sector credit, and strengthened external resilience through tourism earnings, remittances, and...
2024-11-28
Daily News
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Independence Day celebrations to cost Rs. 200 mn
The Ministry of Home Affairs said on Thursday that the 75th Independence Day celebrations would cost 200 million rupees. State Minister Ashok Priyantha said that initially Rs 570 million had been allocated for the event.
2023-01-18
The Island
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Excise Duty on Liquor, Wine, Beer and Fags up by 20%
Prices for cigarettes will rise, with brands increasing from Rs.85 to Rs.100, Rs.90 to Rs.105, Rs.70 to Rs.80, Rs.60 to Rs.70, and Rs.15 to Rs.24 per stick.
2023-01-11
Daily Mirror
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Sri Lanka’s economy expected to register 8-pct contraction in 2022; gradual recovery from 2H2023: CBSL
Sri Lanka’s economy is projected to register a real contraction of around 8.0 percent in 2022 and a gradual recovery from the second half of 2023, the Central Bank said. Releasing the outlook for the economy for 2023, the Monetary Board of the Central Bank said that the headline inflation i...
2023-01-11
LBO
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Senior citizens’ bank interest income below Rs.100,000 exempt from WHT
The Finance Ministry has decided to exempt withholding tax (WHT) from senior citizens who earn below Rs. 100,000 from their bank interests, Finance State Minister Ranjith Siyambalapitiya said. He said the decision was taken considering the inconvenience caused to them due to the WHT.
2023-01-11
Daily Mirror
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