Sri Lanka fin min rules out default, says 1Q has US3bn debt repayments

Sri Lanka’s Finance Minister Basil Rajapaksa said all debt maturing this year will be paid and the the country is projecting 30 billion US dollars external flows to involving foreign debts and imports. Sri Lanka is facing one of its worst economic volume of money printed to maintain steeply negative real rates .

EconomyNext

2022-02-03

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Budget deficit: A stubborn stain on the balance sh...

Sri Lanka's persistent budget deficit has become a perennial issue, plaguing successive governments due to poor financial management practices. Verité Research's recent findings (Read more :

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Excise Dept. reports 26% revenue increase amid pro...

The Excise Department has recorded a 26% Year-on-Year (YoY) revenue increase in comparison to the equivalent period in 2023 despite low production volumes.

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Sri Lankan rupee has become one of fastest growing...

Finance State Minister Dr. Ranjith Siyambalapitiya announced that the Sri Lankan rupee is among the world's fastest-growing currencies. In the first four months of the year, the rupee...

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