New Debt Management Unit to be fully functional by end of 2025
Central Bank Economic Research Department Director Dr. S. Jegajeevan said the Debt Management Unit
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TIN to be made mandatory when opening bank accounts
The Cabinet of Ministers has approved the proposal to initiate necessary amendments to the Inland
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CBSL Chief dismisses 44% tariff on Sri Lankan exports to US
Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe last Friday stated that the imposition of a
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Sri Lanka financial VAT surges as taxes overshadow retained profits in banks
Sri Lanka’s collection of financial VAT charged mainly on banks have surged over 400 percent to 40.4 billion rupees
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Sri Lanka, India’s EXIM Bank signs debt restructuring agreements worth USD 930mn
The bilateral amendatory agreements have been signed between the Government of Sri Lanka and the Export –
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World Bank provides US$ 1 bn to boost jobs and private sector growth in SL
The World Bank Group yesterday announced a major initiative to support job creation and unlock private sector
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Government Revenue Rises 18% amidst High Spending in Early 2025
Sri Lanka’s state revenue rose 18% to Rs. 760.7 billion in the first two months of 2025, driven by increased tax
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Commercial Bank of Ceylon Expands Global Reach with DIFC Office
The Commercial Bank of Ceylon is set to strengthen its international presence by opening a Representative Office in the Dubai
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Central Bank transfers some dollar reserves to Switzerland to tackle risk
Sri Lanka has shifted some of the Treasury foreign reserves which were earlier held in the United States into Switzerland in 2024 to manage risk, the central bank said.
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Sri Lanka’s central bank makes Rs274bn profit in 2024
Sri Lanka’s central bank has made profits of 274 billion rupees, profit in 2024,
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