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The EPF is the Single Largest Holder of Government Treasury Bonds
On June 28, 2023, the Sri Lankan government unveiled its Domestic Debt Restructuring plan. A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for retirement benefits. The infographic below illustrates that the Employees Provident Fund (EPF), the country's largest superannuation fund, was also the predominant holder of bonds at the end of 2022.
Featured Insight
The EPF is the Single Largest Holder of Government Treasury Bonds
On June 28, 2023, the Sri Lankan government unveiled its Domestic Debt Restructuring plan. A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for retirement benefits. The infographic below illustrates that the Employees Provident Fund (EPF), the country's largest superannuation fund, was also the predominant holder of bonds at the end of 2022.
Featured Insight
The EPF is the Single Largest Holder of Government Treasury Bonds
On June 28, 2023, the Sri Lankan government unveiled its Domestic Debt Restructuring plan. A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for retirement benefits. The infographic below illustrates that the Employees Provident Fund (EPF), the country's largest superannuation fund, was also the predominant holder of bonds at the end of 2022.
Featured Insight
The EPF is the Single Largest Holder of Government Treasury Bonds
On June 28, 2023, the Sri Lankan government unveiled its Domestic Debt Restructuring plan. A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for retirement benefits. The infographic below illustrates that the Employees Provident Fund (EPF), the country's largest superannuation fund, was also the predominant holder of bonds at the end of 2022.
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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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LKR 27 BN losses in excise revenue due to Covid situation, COPA told
The Government has lost Rs. 27 billion in excise revenue this year due to the current COVID situation, Commissioner General of Excise M.J. Gunasiri has informed the Committee meeting on Public Accounts (COPA). He said that although the proje...
2021-10-27
Daily FT
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LKR 27 BN losses in excise revenue due to Covid situation, COPA told
The Government has lost Rs. 27 billion in excise revenue this year due to the current COVID situation, Commissioner General of Excise M.J. Gunasiri has informed the Committee meeting on Public Accounts (COPA). He said that although the proje...
2021-10-27
Daily FT
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Sri Lanka seals biggest-ever investment in the Port sector
Sri Lanka yesterday sealed the biggest-ever investment in to the port sector worth $ 650 million with joint project promoters – India’s giant Adani, local blue chip John Keells Holdings (JKH) and the State-owned SLPA signing the...
2021-10-01
Daily FT
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CBSL Governor assures USD 200 Mn a month – Gammanpila
Despite Sri Lanka experiencing a foreign exchange deficit in recent months, Minister of Energy Udaya Gammanpila stated the Governor of the Central Bank has pledged to provide the Ministry of Energy with a total of USD 200 million per month f...
2021-09-30
Ceylon Today
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