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Summary of the Budget 2023
Sri Lanka Budget 2023 anticipates higher revenue, expenditure and a 6.6% reduction in the budget deficit.
Featured Insight
Summary of the Budget 2023
Sri Lanka Budget 2023 anticipates higher revenue, expenditure and a 6.6% reduction in the budget deficit.
Featured Insight
Summary of the Budget 2023
Sri Lanka Budget 2023 anticipates higher revenue, expenditure and a 6.6% reduction in the budget deficit.
Featured Insight
Summary of the Budget 2023
Sri Lanka Budget 2023 anticipates higher revenue, expenditure and a 6.6% reduction in the budget deficit.
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SL is closer to rating agencies’ determination on solvency status: CB
Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, is optimistic that completing debt restructuring and beginning repayments will remove the country's 'default' status and restore access to...
2024-07-27
Daily Mirror
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Sri Lanka issues gazette hiking value added tax from June 01
Sri Lanka has raised value added tax to 12 percent from 8 percent with effect from June 01 through an extraordinary gazette published at midnight on May 31 as attempts are made to contain a runaway budget deficit eng...
2022-06-01
EconomyNext
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World Bank rules out bridging finance to Sri Lanka until it gets its policy framework in order
The World Bank has ruled out bridging finance or new loan commitments to crisis-hit Sri Lanka until the nation’s economy sets up an adequate macroeconomic policy framework. However, the WB has said that it is reshuffling the already al...
2022-05-26
Island
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Debt restructuring teams likely to receive Cabinet nod this week
IMF expected to issue statement on progress of technical level talks with Sri Lanka shortly. The Central Bank said they have finalised the two sets of financial and legal advisors to negotiate with multiple creditors of Sri Lanka and the selected parties would be...
2022-05-23
Daily Mirror
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PM promises a new budget with capital expenditure reductions
Prime Minister Ranil Wickremesinghe who met yesterday with representatives from the Chambers of Commerce, the Treasury and Economic Advisers, said a new budget would be presented with proposals for the significant reduction of capital expend...
2022-05-23
Daily Mirror
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