Government to Relax Rules on Repatriation of Export Earnings
The Government has announced plans to ease the current regulations on the repatriation of export earnings in response to feedback from exporters and.
Bond Yields
Sri Lankan Rupee Strengthens, Bond Yields Increase
Sri Lanka’s rupee opened stronger at 300.45/60 to the US dollar on Friday, compared to Thursday’s close of 300.80/301.05. Despite this strengthening, the.
- August 9, 2024
Economics
Sri Lanka’s 2024 BOP Surplus Lags Behind 2023 Amid Ongoing Economic Policies
Sri Lanka’s balance of payments (BOP) remains in surplus in 2024, but it trails slightly behind the figures from 2023, according to official.
- August 9, 2024
Economics
Sri Lanka Owes Banks Rs88bn for Past Senior Citizen Interest Subsidies; New Scheme Announced
Sri Lanka’s banks are still owed 88 billion rupees for interest subsidies paid to senior citizens in the past, according to State Minister.
- August 7, 2024
Economics
Sri Lanka’s CPI Up 2.4% in July; 22-Month Inflation Rises 2.8%
Sri Lanka’s consumer prices in the capital Colombo increased by 2.4% in the 12 months to July 2024. However, the central bank’s deflationary.
- August 1, 2024
Economics
ICCSL Engages IMF on SVAT Abolition Impact
The International Chamber of Commerce Sri Lanka (ICCSL) recently led a crucial meeting with representatives from Sri Lanka’s export sector and a team.
- July 30, 2024
Economics
Sri Lanka Lifts Import Controls on Key Cereals Amid Rising Malnutrition
Sri Lanka has lifted import controls on several key cereal grains, which had been in place despite increasing malnutrition and poverty resulting from.
- July 29, 2024
Economics
Sri Lanka’s Net Debt Decreases in 2023 Despite Borrowing for Budget
Sri Lanka’s central government net debt decreased to 36.3 billion USD in 2023, down from 37.5 billion USD in 2022, despite borrowing 1.57.
- July 22, 2024