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Expected GDP Outcomes - Budget 2023
Sri Lanka Budget 2023 expects a 27% year over year increase in nominal GDP, with an increase of LKR 6,519 Bn. from the revised 2022 estimates.
Featured Insight
Expected GDP Outcomes - Budget 2023
Sri Lanka Budget 2023 expects a 27% year over year increase in nominal GDP, with an increase of LKR 6,519 Bn. from the revised 2022 estimates.
Featured Insight
Expected GDP Outcomes - Budget 2023
Sri Lanka Budget 2023 expects a 27% year over year increase in nominal GDP, with an increase of LKR 6,519 Bn. from the revised 2022 estimates.
Featured Insight
Expected GDP Outcomes - Budget 2023
Sri Lanka Budget 2023 expects a 27% year over year increase in nominal GDP, with an increase of LKR 6,519 Bn. from the revised 2022 estimates.
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Treasury owes Rs.108 b to senior citizen deposits
Sri Lanka's Treasury owes Rs. 108 billion to banks for higher interest rates on senior citizen deposits, terminated during the economic crisis. Dr. Ranjith Siyambalapitiya, State Minis...
2024-04-26
The Morning
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Treasury takes over CPC’s debt owed to People’s Bank
The Treasury has taken over the Ceylon Petroleum Corporation (CPC)’s debt owed to the People’s Bank (PB) which runs into billions of rupees or foreign currency, according to PB Chairman Sujeewa Rajapakse.
2023-02-22
Sunday Times
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Uninterrupted power supply at higher cost
The full result of this tariff revision (66% increase) will come into effect at the end of March or the beginning of April. Uninterrupted power supply at higher cost - Breaking...
2023-02-22
Daily Mirror
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PUCSL nod given for 66% hike in electricity tariff from yesterday
The Public Utilities Commission (PUCSL), on Wednesday (15), approved increasing the electricity tariff by 66 percent from yesterday (15). https://island.lk/pucsl-nod-given-for-66-hike-in-electr...
2023-02-22
The Island
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Fitch upgrades Bank of Ceylon’s VR and Foreign-Currency IDR to ‘cc’/’CC’
The Bank of Ceylon’s (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) has been updated to ‘CC’ from ‘RD’ (Restricted Default).
2023-02-16
Daily FT
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