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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.
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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Siyambalapitiya reveals multilateral debt repayments continue
State Minister of Finance Ranjith Siyambalapitiya disclosed that Sri Lanka repaid $2.5 billion of multilateral debt last year. This w...
2024-05-04
Daily FT
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Fiscal deficit through November tops Rs.1.7tn
The deficit in the budget hit an all-time high in January-November 2021 period, as the latest fiscal data showed revenue slippages and expenses over and above what was budgeted and what was spent a year ago.
2022-02-23
Daily Mirror
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Sri Lanka eyes diaspora incentive package to boost investments
Sri Lanka’s state run Board of Investment (BOI) is to formulate an incentive package for Sri Lankans with foreign citizenship when they invest in the island nation, a BOI source said.
2022-02-20
Economy Next
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Rs1.5B for home shops for women enterprises
Cabinet approved the setting up of a network of home shops for women enterprises. Rs 15,000 million has been allocated from the Budget 2022, set up a home shop network for women entrepreneurs to create ‘one women entrepreneur to one vi...
2022-02-16
Ceylon Today
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EPF & ETF will not be subjected to Surcharge Tax: Finance Minister Basil Rajapaksa
Finance Minister Basil Rajapaksa has informed the Cabinet of Ministers that the Employees Provident Fund and the Employees Trust Fund are not included in the 2022 budget proposal regarding the imposition of a 25% surcharge tax on individuals...
2022-02-14
LBO
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