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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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National consumer prices soften in March
Consumer prices in Sri Lanka, as measured by the National Consumer Price Index (NCPI), exhibited a softening trend in March. While the broader index showed a 2.5 percent increase from a year earlier, down from 5.1 percent in February, monthl...
2024-04-23
Daily Mirror
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No change in fuel prices despite drop in global crude oil prices
Despite the fact that the price of a barrel of crude oil has dropped significantly in the global market, no fuel price revision will come into effect for the second quarter of this month.
2022-08-17
Daily Mirror
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PMB allocates Rs. 2000 Mn to purchase paddy this season
Agriculture Minister Mahinda Amaraweera presented a Cabinet paper to the Cabinet yesterday (16) to provide a higher price for paddy to the paddy farmers. The Minister announced that on the advice of the Sub-Committee appointed by the Cabinet...
2022-08-17
Daily News
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January-July remittance income plummets 50%
July remittance income at US$ 279.5 mn. slightly up from June, but down from US$ 453.3 mn a year ago. Cumulative figure for the seven-month period down 50% YoY to US$ 1.8bn.
2022-08-15
Daily Mirror
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President directs Govt institutions to limit expenditure
On the instructions of President Ranil Wickremesinghe, President’s Secretary Saman Ekanayake has informed all government institutions to strictly adhere to the Circular issued by the Treasury regarding the limitation of government expe...
2022-08-15
Daily News
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