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Sri Lanka’s Fitch Credit Rating has been downgraded 7 times during the last 7-years (May 2015 – May 2022)
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings. The recent downgrade to RD (Restricted Default) on the 19th of May 2022 was immediately after the lapse of a one month grace period for an ISB coupon payment that was not paid on the 18th of April.
Featured Insight
Sri Lanka’s Fitch Credit Rating has been downgraded 7 times during the last 7-years (May 2015 – May 2022)
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings. The recent downgrade to RD (Restricted Default) on the 19th of May 2022 was immediately after the lapse of a one month grace period for an ISB coupon payment that was not paid on the 18th of April.
Featured Insight
Sri Lanka’s Fitch Credit Rating has been downgraded 7 times during the last 7-years (May 2015 – May 2022)
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings. The recent downgrade to RD (Restricted Default) on the 19th of May 2022 was immediately after the lapse of a one month grace period for an ISB coupon payment that was not paid on the 18th of April.
Featured Insight
Sri Lanka’s Fitch Credit Rating has been downgraded 7 times during the last 7-years (May 2015 – May 2022)
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings. The recent downgrade to RD (Restricted Default) on the 19th of May 2022 was immediately after the lapse of a one month grace period for an ISB coupon payment that was not paid on the 18th of April.
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Sri Lankan Airlines Annual Report 2021
A review of the financial performance of the institution and the sectors it is assosciated with. This document presents the financial statements for the year, notes to the statements, and the Auditor General's Report. It also presents a management discussion and analysis and 10 year summary of selected operational and financial highlights.
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Department of Excise Performance Report 2021
A review of the performance of the Department for the selected year. This document outlines the progress and performance of the projects carried out in the respective year by the Department. In addition, it provides insights into tax administration and collection, tax defaults, audits, and international relations and legislation.
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Department of Treasury Operations Performance Report 2020
A review of the performance of the Department for the selected year. This document outlines the physical and financial performance of the projects carried out in the respective year by the Department.
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Department of State Accounts Performance Report 2019
A review of the performance of the Department for the selected year. This document outlines the progress and performance of the projects carried out in the respective year by the Department and all other institutions under its purview. In addition, it also provides an in-depth analysis of the financial performance of the Department.
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Department of State Accounts Performance Report 2020
A review of the performance of the Department for the selected year. This document outlines the progress and performance of the projects carried out in the respective year by the Department and all other institutions under its purview. In addition, it also provides an in-depth analysis of the financial performance of the Department.
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Department of Development Finance Performance Report 2020
A review of the performance of the Department for the selected year. This document outlines the progress and performance of the projects carried out in the respective year by the Ministry and all other institutions/departments under its purview.
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