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Sectoral Allocations: Budget 2024
Sectoral allocations from the 2024 Budget.
Featured Insight
Sectoral Allocations: Budget 2024
Sectoral allocations from the 2024 Budget.
Featured Insight
Sectoral Allocations: Budget 2024
Sectoral allocations from the 2024 Budget.
Featured Insight
Sectoral Allocations: Budget 2024
Sectoral allocations from the 2024 Budget.
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Reform delays could suspend IMF programme, jeopardizing recovery
The Bloomberg Intelligence report warns that Sri Lanka's economic recovery is at risk if reforms stall after the presidential elections, potentially leading to a suspension of the IMF program. It emphasizes the need...
2024-08-29
Daily Mirror
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PUCSL nod given for 66% hike in electricity tariff from yesterday
The Public Utilities Commission (PUCSL), on Wednesday (15), approved increasing the electricity tariff by 66 percent from yesterday (15). https://island.lk/pucsl-nod-given-for-66-hike-in-electr...
2023-02-22
The Island
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Fitch upgrades Bank of Ceylon’s VR and Foreign-Currency IDR to ‘cc’/’CC’
The Bank of Ceylon’s (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) has been updated to ‘CC’ from ‘RD’ (Restricted Default).
2023-02-16
Daily FT
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No income tax on non-cash benefits – Circular
A Circular has been issued exempting employees from paying personal income tax on non-cash benefits such as vehicles, fuel allowances, housing and medical benefits provided to employees at their places of employment.
2023-02-16
Ceylon Today
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Public debt swells past Rs. 25 trillion
The outstanding Central Government debt has increased to Rs. 25.5 trillion by end November 2022 from Rs. 17.59 trillion from end 2021. This reflects an increase of Rs. 7.93 trillion or 45%, partly influenced by the devaluation of the rupee last year.
2023-02-16
Daily FT
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