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Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
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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?
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Sri Lanka trade deficit up 77-pct to Feb, imports surge, rupee appreciates
In February 2024, Sri Lanka experienced a significant widening of its trade deficit, which surged by 817 percent to $319 million compared to $39 million previously. This was accompanied by a notable 35 percent increase in imports, while merc...
2024-03-29
Economy Next
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World Bank says $ 160 m disbursed for SL to meet urgent essential items
The World Bank Group said last week it is deeply concerned about the dire economic situation and its impact on the people of Sri Lanka. To help alleviate severe shortages of essential items such as medicines, cooking gas, fertiliser, meals f...
2022-08-01
Daily FT
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No plans to offer financing to SL until adequate macroeconomic policy framework in place: WB
While claiming that it is deeply concerned about the dire economic situation and its impact on the people of Sri Lanka, the World Bank said that “until an adequate macroeconomic policy framework is in place, the World Bank does not pla...
2022-07-29
Daily Mirror
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IMF says Sri Lanka needs to talk with China about debt restructuring
The International Monetary Fund (IMF) said Sri Lanka should kick off debt restructuring talks with its bilateral lender China, while the island state’s Government seeks a financing loan from the Washington-based fund.
2022-07-28
Daily Mirror
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Sri Lanka local debt at risk of second hair-cut at CCC: Fitch
Sri Lanka’s local currency debt which has taken almost 44 percent hair cut as the rupee collapsed from 200 to 360 to the US dollar may be at risk of a second cut, a rating agency has warned. ...
2022-07-28
Economy Next
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