Sri Lanka Debt Management Bill receives go-ahead from cabinet
Jan 17, 2018 (LBO) – Sri Lanka’s cabinet on Tuesday decided to publish proposed Debt Management Bill in gazette and present it in parliament for approval. …
Budget
Strengthening Sri Lankan SMEs in exports vital for development: Eran
Jan 15, 2018 (LBO) – Sri Lanka’s plans to increase the contribution made by smaller-scale businesses to exports and lift foreign direct investment (FDI) in …
Treasury posts Rs22bn primary surplus in Budget, first time in 63 years
Jan 08, 2018 (LBO) – Government has achieved 21.9 billion rupees surplus in the primary balance of the fiscal accounts during the first ten months of 2017, …
Sri Lanka’s Fiscal Mgmt. Responsibility Act has no teeth: CB Chief
Dec 15, 2017 (LBO) – Sri Lanka is in the process of reviewing the Fiscal Management (Responsibility) Act as it does not have any teeth at the moment, the …
New liability Mgmt. bill to raise money above borrowing limit: CB Chief
Dec 07, 2017 (LBO) – Sri Lanka’s Central Bank Chief says the proposed liability management bill will enable the government to exceed the borrowing limit …
Hidden motive of new bank tax is to weaken state banks: MR
Nov 23, 2017 (LBO) – Sri Lanka’s ex-President Mahinda Rajapaksa quoting experts said the hidden motive of the proposed debt repayment levy is to …
Finance Minister says budget aims at fast tracking liberalization
Nov 17, 2017 (LBO) – Sri Lanka’s Finance Minister said they are aiming at fast tracking liberalisation with legislative reforms as they have identified …
PCs should tax businesses with quarterly income up to Rs3mn: FC
Nov 13, 2017 (LBO) – Sri Lanka’s Finance Commission (FC) has recommended that Provincial Councils should be allowed to collect taxes from business entities …
Ceylon Chamber welcomes 2018 Budget; urges effective implementation
Nov 13, 2017 (LBO) – Ceylon Chamber of Commerce said the proposed 2018 Budget progresses the recent economic policy visions of the government despite …
Sri Lanka to cut taxes on electric vehicles, introduce carbon tax
Nov 09, 2017 (LBO) – Sri Lanka will cut taxes on electric cars by at least one million rupees, Finance Minister Mangala Samaraweera said.buy vibramycin …
Sri Lanka plans primary surplus of 1-pct of GDP in budget 2018
Nov 09, 2017 (LBO) – Sri Lanka hopes to achieve for the first time in almost 6 decades a primary surplus of 1 percent of GDP in budget 2018, Finance Minister …
Sri Lanka Budget 2018: revenue proposals at a glance
Nov 09, 2017 (LBO) – Sri Lanka is expecting 110 billion rupees through the revenue proposals presented to Parliament in the budget proposals of 2018. These …
Sri Lanka Budget 2018 *** Live Coverage ***
Finance Minister concluded the 2018 Budget Speech.. Click here to read our blog … [arena_embed publisher=”lanka-business-online” …
Taxes on several essential food items reduced ahead of budget
Nov 08, 2017 (LBO) – Sri Lanka’s Finance Minister Mangala Samaraweera said levies on several essential food items are to be reduced from midnight today …
2017 budget promises mostly concealed or breached: Research
Oct 24, 2017 (LBO) – A research firm has found out that promises included in the 2017 budget shows poor action with over a half of key budget proposals …
PM to introduce liability Mgmt. fund; funds to be raised with transparency
Oct 20, 2017 (LBO) – Sri Lanka’s Prime Minister told Parliament Friday that they will introduce a comprehensive secondary market trading platform and a …
Sri Lanka targets USD5bn FDI per year; per capita income to USD5,000: PM
Oct 20, 2017 (LBO) – Sri Lanka is looking at increasing foreign direct investment to 5 billion US dollars per year under a 3-year economic delivery …
Budget 2018 will focus on start-up culture of ‘Empowering the Private Sector’: Fin Min
Oct 12, 2017 (LBO) – Sri Lanka’s Finance Minister said that the 2018 budget is aimed at creating a robust, flourishing and modern economy and will …