Sri Lanka’s tax hike will help curb inflation, cut interest rates faster

Sri Lanka’s tax hike will help curb inflation, cut interest rates faster – Cenbank chief

Sri Lanka’s tight fiscal policy with new tax hikes from December 1 will help the central bank to reduce inflation and interest rates faster than it has expected, the central bank governor Nandalal Weerasinghe said.

Sri Lanka’s tax hike will help curb inflation, cut interest rates faster – Cenbank chief

Economy Next

2022-11-25

සබැඳි පුවත් සහ විශ්ලේෂණ

SriLankan loses Rs. 12.9 b in Q1

SriLankan Airlines recorded a Rs. 12.9 billion net loss in Q1 FY25, driven by cash flow challenges, legacy issues, and financial costs from past debt. ...

වැඩිදුර විස්තර

SL pays $ 503 m for 1H debt servicing

By June 2024, Sri Lanka's external debt had reached $37.5 billion, with $8.19 billion in unpaid debt service accumulating since the April 2022 debt standstill on bilateral and commercial loans.

වැඩිදුර විස්තර

Workers’ remittances decline in September

In September 2024, Sri Lanka’s remittances reached $556 million, tourism earnings were $181 million, and gross official reserves rose to $6 billion, covering 3.9 months of imports.

වැඩිදුර විස්තර

සියලු මාතෘකා