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Sri Lanka met 29 IMF commitments and failed 3 by end-May
Sri Lanka had met 29 of the 100 trackable commitments of the International Monetary Fund (IMF) programme and had failed on three as of the end of May 2023, according to ‘The IMF Tracker’ dashboard of Verité Research.
Featured Insight
Sri Lanka met 29 IMF commitments and failed 3 by end-May
Sri Lanka had met 29 of the 100 trackable commitments of the International Monetary Fund (IMF) programme and had failed on three as of the end of May 2023, according to ‘The IMF Tracker’ dashboard of Verité Research.
Featured Insight
Sri Lanka met 29 IMF commitments and failed 3 by end-May
Sri Lanka had met 29 of the 100 trackable commitments of the International Monetary Fund (IMF) programme and had failed on three as of the end of May 2023, according to ‘The IMF Tracker’ dashboard of Verité Research.
Featured Insight
Sri Lanka met 29 IMF commitments and failed 3 by end-May
Sri Lanka had met 29 of the 100 trackable commitments of the International Monetary Fund (IMF) programme and had failed on three as of the end of May 2023, according to ‘The IMF Tracker’ dashboard of Verité Research.
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SriLankan loses Rs. 12.9 b in Q1
SriLankan Airlines recorded a Rs. 12.9 billion net loss in Q1 FY25, driven by cash flow challenges, legacy issues, and financial costs from past debt. ...
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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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