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Highlights from the Appropriation Bill for 2024
The Appropriation Bill for 2024 was presented to Parliament on the 5th of October, ahead of the budget speech in November.
Featured Insight
Highlights from the Appropriation Bill for 2024
The Appropriation Bill for 2024 was presented to Parliament on the 5th of October, ahead of the budget speech in November.
Featured Insight
Highlights from the Appropriation Bill for 2024
The Appropriation Bill for 2024 was presented to Parliament on the 5th of October, ahead of the budget speech in November.
Featured Insight
Highlights from the Appropriation Bill for 2024
The Appropriation Bill for 2024 was presented to Parliament on the 5th of October, ahead of the budget speech in November.
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IMF says new central Government taxes needed
The IMF recommends an imputed rental income tax on owner-occupied and vacant residential properties to boost central government revenue as part of essential tax reforms under the Extended Fund Facility (EFF) program.
2024-08-27
Daily FT
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Iran President to open Sri Lanka $514mn irrigation, hydro power project
Uma Oya, led by Iran's FARAB engineering, combines irrigation, hydropower, and water supply, benefiting Sri Lanka's Moneragala district. It boasts 120MW hydroelectric capacity, gen...
2024-04-23
Economy Next
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IMF official: Sri Lanka’s road ahead is challenging, critical to keep up with reform momentum
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), emphasized the importance of maintaining reform momentum for Sri Lanka's economic future during discussions held on the sidelines of the IMF/Worl...
2024-04-22
Economy Next
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Market lending rate falls to two-year low as economy readies to take off
Last week, the average prime lending rate, a key indicator influencing various loan rates from small businesses to mortgages, reached a two-year low at 10.41 percent, marking a significant drop from its peak of 29.67 percent in November 2022...
2024-04-22
Daily Mirror
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Sri Lanka exceeds tax revenue target by 6% in first quarter
Sri Lanka's revenue collection agencies have exceeded expectations in the first quarter of 2024, surpassing the tax revenue target by 6%. State Revenue Minister Ranjith Siyambalapitiya hailed this achievement as a positive turnaround aft...
2024-04-22
Economy Next
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