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Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
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ஆக தேர்வு செய்க
Tax revenue reaches record high but falls short of 2024 target
Sri Lanka's tax revenue in 2024 reached a record Rs. 1,958 billion, a 25% increase driven primarily by income tax collections (Rs. 1,023.2 billion), although it fell short of the Rs. 2,024 billion target, highlighti...
2025-01-06
Daily Mirror
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Higher taxes and economic growth drive SL’s budget surplus
Sri Lanka’s budget has significantly improved in 2024, with higher tax revenues driving a robust economic recovery, narrowing the budget deficit, achieving a primary surplus, and reflecting prudent fiscal manageme...
2024-12-30
Daily Mirror
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Sri Lanka budget deficit down 31-pct, taxes up 36-pct in October
Sri Lanka's budget deficit reduced by 31%, with tax revenues up by 34%, non-tax revenues rising by 20%, and a primary surplus of 830 billion rupees, while foreign borrowings increased and domestic borrowings decreas...
2024-12-30
Economy Next
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SL exits ’Restricted Default’ rating
Fitch Ratings upgraded Sri Lanka's Long-Term Foreign-Currency IDR to 'CCC+' from 'RD' and the Local-Currency IDR to 'CCC+' from 'CCC-', citing reduced default risk after completing in...
2024-12-21
Daily Mirror
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