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Sectoral Allocations: Budget 2024
Sectoral allocations from the 2024 Budget.
Featured Insight
Sectoral Allocations: Budget 2024
Sectoral allocations from the 2024 Budget.
Featured Insight
Sectoral Allocations: Budget 2024
Sectoral allocations from the 2024 Budget.
Featured Insight
Sectoral Allocations: Budget 2024
Sectoral allocations from the 2024 Budget.
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CEB reports turnaround performance in 3Q despite tariff cuts
The Ceylon Electricity Board achieved a significant turnaround in Q3 2024, driven by prior steep tariff hikes, with revenue rising 19.8% year-on-year to Rs.126.80 billion and operating profits surging by 169.8% to Rs.35...
2024-11-21
Daily Mirror
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Budget deficit decreased by Rs. 559 billion in the first eight months of 2024
The Central Bank of Sri Lanka reports that from January to August 2024, the budget deficit reduced significantly to Rs. 911.0 billion from Rs. 1,470.7 billion in 2023, driven by an increase in government revenue and grants...
2024-10-28
The Island
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IMF review for Sri Lanka delayed
Sri Lanka’s next IMF review is delayed, while talks with bondholders and Citibank’s involvement in debt restructuring aim to help the nation exit default.
2024-10-28
Daily Mirror
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SL set to be removed from IMF’s surcharge list of countries from November
Sri Lanka will be removed from the IMF's surcharge list starting November 1, 2024, due to reforms that raise the threshold for surcharges from 187.5% to 300% of a country's quota, significantly reducing its borrowin...
2024-10-22
Daily Mirror
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Income tax revenue surges 16.3% in 2024
Sri Lanka's state revenue from income taxes rose by 16.3% to Rs 624.7 billion in the first eight months of 2024 compared to Rs 537.2 billion in 2023.
2024-10-21
The Morning
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