SL fiscal consolidation plans challenging without policy effectiveness and faster growth
Mar 12, 2019 (LBO) - Achieving Sri Lanka's deficit and debt targets will be challenging without a significant increase in fiscal policy effectiveness and …
Money
Sri Lanka official reserves at USD 6.0 billion by end February
Mar 08, 2019 (LBO) – Sri Lanka’s gross official reserves were 6,005. buy valtrex online …
Moody’s assigns B2 rating to Sri Lanka’s senior unsecured US dollar bonds
Mar 07, 2019 (LBO) – Moody's Investors Service has today assigned a B2 rating to the Government of Sri Lanka's senior unsecured US dollar-denominated …
Fitch assigns Sri Lanka’s upcoming USD bonds an expected rating of B (EXP)
Mar 07, 2019 (LBO) – Fitch Ratings has assigned Sri Lanka's upcoming US dollar-denominated bonds an expected rating of 'B (EXP)'. The rating agency said the …
IMF reaches understanding at staff level to extend EFF for an additional year
Mar 01, 2019 (LBO) – A staff team from the International Monetary Fund (IMF) has reached an understanding at the staff level with the Sri Lankan authorities …
Financial Action Task Force endorses initial progress made by Sri Lanka
Feb 25, 2019 (LBO) – Financial Action Task Force (FATF), the global policy setter on Anti-Money Laundering and Countering the Financing of Terrorism …
Inflation likely to remain in 4 – 6 percent range in 2019: Central Bank projections
Feb 22, 2019 (LBO) – Projections of the Central Bank indicates that inflation is likely to remain in the desired 4 - 6 percent range in 2019 and beyond. …
Central Bank decides to reduce SRR & keep policy rates unchanged
Feb 22, 2019 (LBO) – The Monetary Board of the Central Bank, at its meeting held on 21 February 2019, has decided to reduce the Statutory Reserve Ratio …
Rs.8bn inflows into securities since Jan; rupee appreciated 2.3-pct YTD: FM
Feb 21, 2019 (LBO) – Finance Minister Mangala Samaraweera says that foreign capital is now flowing back into the economy with 8 billion rupees worth inflows …
First Capital Research expects a continuation of policy rates at current levels
Feb 21, 2019 (LBO) – First Capital Research said it expects a continuation of monetary policy rates at current levels although they recognize an increased …
Sri Lanka official reserves down to USD 6.1 billion by end January: Central Bank
Feb 08, 2019 (LBO) – Sri Lanka’s official reserve assets were 6.14 billion US dollars by the end of January this year, down from 6.92 billion US …
Eminent lawyer K Kanag-Isvaran highlights need for Tax Ombudsman
Feb 07, 2019 (LBO) – President’s Counsel Dr. K. Kanag-Isvaran, who is one of the country’s most respected lawyers highlighted the need for a “Tax …
Appropriation Bill for 2019 presented in parliament
Feb 05, 2019 (LBO) - The Appropriation Bill for the year 2019 was presented in parliament by Minister Gayantha Karunathilaka, Tuesday. The Cabinet in early …
CINV and GUAR considering options to wind up The Sri Lanka Fund
Feb 05, 2019 (LBO) – Ceylon Guardian Investment Trust PLC (GUAR) and Ceylon Investment PLC (CINV) has decided to consider options of winding up The Sri Lanka …
Sri Lanka reserves at USD7.0Bn
Jan 29, 2019 (LBO) - Sri Lanka Governments's gross official reserves stood at US dollars 7.0 billion which was equivalent to 3.7 months of imports at end …
Sri Lanka Govt introduces more loans for 3-wheel owners and migrant workers
Jan 28, 2019 (LBO) - The Finance Ministry under the Enterprise Sri Lanka concessionary loan scheme is to introduce further concessionary loans to widen the …
Sri Lanka vehicle registration down in Dec 2018
Jan 28, 2018 (LBO) - Sri Lanka's vehicle registrations across all categories showed a slowdown in December 2018, a new research report said. buy stromectol …
Sri Lanka’s USD200mn development bond issue undersubscribed
Jan 25, 2019 (LBO) – The issue of Sri Lanka development bonds amounting to 200 million US dollars have been undersubscribed with only 182 million dollars of …
Sri Lanka obtains USD200Mn from WB for primary health care system
Jan 23, 2019 (LBO) - Sri Lanka is to obtain USD 200 million from the International Bank for Reconstruction and Development (IBRD) of the World Bank to …
Ailing rupee and price controls may lead to a shortage of milk powder: Advocata
Jan 17, 2019 (LBO) - A cup of tea is every Sri Lankan’s morning mantra. This might not be the case much longer as Sri Lanka may face a shortage of milk …