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Sri Lanka and IMF reach deal for US$2.9bn program
The International Monetary Fund said it had reached a deal with Sri Lanka for a 4-year 2.9 billion US dollar extended fund facility subject to debt restructuring and prior actions. Under the program the budget will have to generate a primary...
2022-09-01
Economy Next
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Sri Lanka likely to lose IMF deadline due to China’s lack of interest
Sri Lanka is likely to miss the December deadline for securing the International Monetary Fund (IMF) loan since the main bilateral debtor China has shown little or no interest in restructuring debt with Sri Lanka, financial analysts based in...
2022-11-19
Daily Mirror
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Sri Lanka tax revenues surge 38-pct to August 22 as economy inflates, budget deficit down
Sri Lanka state revenues surged 38 percent from a year earlier to 1,448 billion rupees in the eight months to August 2022, Finance Ministry data showed as the economy inflated in the wake of a currency collapse after two years of money print...
2022-11-18
Economy Next
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FVMP debt increases to Rs 3.42T
Government of Sri Lanka’s (GoSL’s) face value (FV) MP debt increased by 5.63 per cent (Rs 182,411.82 million) to a record high Rs 3,424,696.95 million (Rs 3.4247 trillion) on Tuesday (15 November), due to a persistent lack of rev...
2022-11-17
Ceylon Today
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Sri Lanka budget 2023, key tax changes
Sri Lanka President Ranil Wickremesinghe has announced tax changes in an effort to boost revenues and also make external trade easier, according to a budget presented for 2023. 
2022-11-15
Economy Next
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