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Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
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ஆக தேர்வு செய்க
No tax relief in the foreseeable future
Ministry of Finance cannot grant any tax concessions for local manufacturers at this stage due to the need to meet revenue targets. However, tax concessions might be considered in the mid-term if revenue generation exceeds...
2024-07-14
The Morning
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Power sector to receive fresh support with ADB’s US $ 100mn policy-based loan
The Asian Development Bank (ADB) has approved a US $100 million loan to support Sri Lanka's power sector reforms, enhancing operational efficiency, fostering private investment in renewable energy, and improving financi...
2024-07-13
Daily Mirror
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IMF reiterates need for Sri Lanka to have an equitable tax system
The IMF stresses the importance of Sri Lanka implementing an equitable tax system to improve revenue collection, stabilize fiscal conditions, and foster sustainable economic growth amid ongoing challenges.
2024-07-13
Daily Mirror
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Barclays says it remains “overweight” on SL ISBs
Barclays maintains an "overweight" rating on Sri Lanka's bonds, recommending the purchase of those with higher past due interest claims due to favorable restructuring developments and signs of economic recovery.
2024-07-12
Daily FT
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