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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.  ...
2024-11-05
The Morning
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ஆக தேர்வு செய்க
Rs. 200 b to be earned from VAT exemption removal
Sri Lanka's decision to remove exemptions from the Value Added Tax (VAT) is projected to yield significant fiscal benefits, with an anticipated recovery of at least Rs. 200 billion in revenue in 2024.  ...
2024-06-07
The Morning
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Concluding debt restructuring sooner than later critical for SL: Katsuki
Japan, as Sri Lanka's significant bilateral lender, emphasizes the pressing need for the island nation to accelerate its debt restructuring efforts. This urgency stems from the looming International Monetary Fund re...
2024-06-06
Daily Mirror
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SL needs to bring down debt below IMF target
Shanta Devarajan stresses the necessity for Sri Lanka to surpass the IMF's debt-to-GDP target of 95%, citing potential economic shocks like Middle East conflicts. Achieving a lower ratio requires boosting the growth rate,...
2024-06-06
The Morning
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IMF 2nd review: Exec. Board to meet on 12 June
The IMF Executive Board will discuss Sri Lanka's Article IV Consultation and second review under the Extended Fund Facility (EFF) on June 12.  
2024-06-04
The Morning
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