Holders of defaulted SriLankan Airlines debt are set to vote on March 18 regarding an exchange for government bonds, a move that could finalize the […]
Category: Economy
Coverage of macroeconomic trends, fiscal and monetary policy, public finance, inflation, debt, and structural reforms impacting the national economy.
IMF Representative Cautions Investors: Sri Lanka’s Journey to Success is Ongoing
FINANCIAL CHRONICLE – Sri Lanka’s recovery under the International Monetary Fund (IMF) programme has been deemed a success, though it remains an ongoing journey, according […]
Sri Lanka Announces Revisions to Social Security Contribution Levy Act
Sri Lanka’s cabinet of ministers has approved the submission of a bill to parliament to amend the Social Security Contribution Levy Act, No. 25 of […]
Sri Lanka Greenlights Exporters’ Investment in Domestic Dollar Bonds
The cabinet of ministers in Sri Lanka has given the green light to present new regulations to parliament, which are designed to permit exporters to […]
Sri Lanka’s Service Exports Surge 24.59% in January 2026, Driven by ICT/BPM Sector
Sri Lanka’s services exports in January 2026 have shown a remarkable increase, rising by 24.59% to reach 367.55 million dollars, according to the island’s Export […]
Sri Lanka’s Goods Exports Surge 10.66% in January, Driven by Coconut, F&B, and Seafood
Sri Lanka’s merchandise exports experienced a notable increase of 10.66 percent, reaching 1,165.02 million dollars in January 2026 compared to the previous year. This growth […]
Trump Warns Against Non-Compliance with Court Ruling as Sri Lanka Faces Potential 15% Tariff
FINANCIAL CHRONICLE – President Donald Trump has announced the imposition of a 15 percent global tariff following a Supreme Court decision that invalidated most of […]
Sri Lanka Collaborates with UN to Overhaul Disaster Financing for MSMEs
The United Nations Development Programme (UNDP) and the UN Capital Development Fund (UNCDF) are assisting Sri Lanka in creating a financial mechanism aimed at supporting […]
Sri Lanka Central Bank to Reevaluate Inflation Target Amid Growing Concerns
FINANCIAL CHRONICLE – The Central Bank of Sri Lanka is set to reassess its inflation target amidst discussions to lower the current high target, which […]
Trump Tariff on Sri Lanka Replaced by New 10% Levy
Following the U.S. Supreme Court’s decision to nullify the imposition of ‘reciprocal’ tariffs, including those affecting Sri Lanka, President Donald Trump has indicated the possibility […]
Sri Lanka Customs Reaches 96% of February Revenue Target in Just 19 Days
Sri Lanka Customs has achieved remarkable revenue collection in the first 19 days of February 2026, accumulating over 96 percent of the monthly target, according […]
Sri Lanka Central Bank Boosts Digital Payment Adoption in Kurunegala
FINANCIAL CHRONICLE – Sri Lanka’s central bank is actively promoting digital payments to both businesses and the general public in Kurunegala. This initiative involves collaboration […]
Sri Lanka Central Bank Maintains Stance Against Imposing LTV Ratios on Gold Loans
FINANCIAL CHRONICLE – The Central Bank of Sri Lanka does not intend to implement stricter loan-to-value ratio limits on gold loans, according to Deputy Central […]
Sri Lanka Central Bank Set to Reveal Forex Swap Details with Local Banks
The Central Bank of Sri Lanka will soon reveal the volume of swap contracts with local banks, according to Deputy Governor Chandranath Amarasekera. This announcement […]
World Bank Commits $400 Million to Support Sri Lanka’s Development
FINANCIAL CHRONICLE – The Sri Lankan cabinet of ministers has approved a proposal to secure $400 million from the World Bank. According to Minister Vijitha […]
Sri Lanka Records Surge with 21,984 New Active Credit Cards in December 2025
According to data from the Central Bank of Sri Lanka, the number of new active credit cards in the country increased by 21,984 in December […]
Sri Lanka’s Manufacturing Sector Growth Slows in January 2026: PMI Report
Sri Lanka’s manufacturing sector experienced a moderate expansion in January, as indicated by a Purchasing Managers Index (PMI) value of 56.1, according to data from […]
Sri Lanka’s COPF Endorses Bill to Regulate Microfinance and Credit
FINANCIAL CHRONICLE – A parliamentary committee has granted approval to Sri Lanka’s Microfinance and Credit Regulatory Authority Bill, which aims to regulate money lending activities. […]