Sri Lanka’s Securities and Exchange Commission is considering the introduction of infrastructure and municipal bonds as alternative funding mechanisms for key projects traditionally financed by […]
Category: Economy
Coverage of macroeconomic trends, fiscal and monetary policy, public finance, inflation, debt, and structural reforms impacting the national economy.
Sri Lanka debt grows at double the deficit up to 3Q amid rupee depreciation
According to official data, Sri Lanka’s central government debt increased by 936 billion rupees by September 2025, despite the budget deficit being only 441 billion […]
Sri Lanka sees 16,039 new active credit cards in October 2025
In October, Sri Lanka saw an increase of 16,039 in new active credit cards, according to data from the central bank. This rise comes amidst […]
Global Rapid Post-Disaster Damage Estimation (GRADE) Report – Cyclone Ditwah 2025
Sri Lanka has suffered an estimated US$ 4.1 billion in direct physical damage following Cyclone Ditwah, according to the Global Rapid Post-Disaster Damage Estimation (GRADE) report released by the World […]
Stabilising the Books, Weakening the Base? Exporters Brace for a Heavier Tax Regime
Attorney-at-Law Panduka Keerthinanda – who has served our governments in several capacities over the years – has raised a series of concerns over the cumulative […]
Sri Lanka budget deficit down 73-pct, current account in surplus to November
Sri Lanka’s overall budget deficit experienced a significant reduction of 73% to 325 billion rupees, while revenues increased by 35.5% to 4,945 billion rupees. This […]
Bentley, Ferrari and Maybachs costing up to Rs300mn registered in Sri Lanka
According to an analysis of registry data by JB Securities, a Colombo-based brokerage, premium vehicles costing up to 300 million rupees, including a Bentley, Ferrari, […]
Sri Lanka’s Exports Show Resilience as Earnings Reach US$ 15.8 Billion
Sri Lanka’s export sector sustained its upward momentum, recording a. 5.8% year-on-year growth during the January–November period, according to the Export Development Board. Based on Sri Lanka […]
Sri Lanka Christmas cake index inflates 4.4-pct in 2025 amid rupee fall
Inflation, as measured by the widely acclaimed Sri Lanka Christmas cake, has risen by 4.4% amid the depreciation of the Sri Lankan rupee, based on […]
Western Province Retains Economic Lead as Other Regions Expand Share in 2024
Sri Lanka’s Western Province continued to dominate the national economy in 2024, accounting for 42.4 per cent of nominal Gross Domestic Product (GDP), even as […]
Exports Record US$ 15.8 Billion as Sri Lanka Maintains Upward Trade Momentum
Sri Lanka’s export sector has demonstrated robust growth, achieving a 5.8% year-on-year increase during the period from January to November 2025. According to Sri Lanka […]
Gold hits all-time high, propelled by US rate-cut hopes, safe-haven appeal
Spot gold soared to a record high of $4,383.73 per ounce on Monday, fueled by expectations of additional U.S. Federal Reserve interest rate cuts following […]
OCC agrees to SriLankan Airlines’ debt restructuring proposal: Treasury Sec
The Official Credit Committee (OCC), which is involved in Sri Lanka’s debt restructuring efforts, has agreed to the government’s proposal regarding the repayment of state-owned […]
UK tourists top spenders in Sri Lanka
FINANCIAL CHRONICLE – Tourists from the United Kingdom are among the highest spenders in Sri Lanka, with an average daily expenditure of 209 US dollars, […]
Sri Lanka’s Browns Investments subsidiary sells Maldives resort for $57mn
Sri Lanka’s Browns Investments PLC has announced that its subsidiary, Browns Ari Resort (Private) Limited, has completed the sale of a property in the Maldives […]
Sri Lanka central bank buys $90mn in November, rupee depreciates
Sri Lanka’s central bank purchased 90 million US dollars in November 2025, creating new money, while returning only 16.5 million dollars to importers who utilized […]
Sri Lankan insurers’ cyclone losses limited, but weaknesses persist: Fitch
Fitch Ratings has indicated that insurance losses resulting from the recent flooding caused by Cyclone Ditwah are likely to be limited for most rated insurers […]
US Dollar Price Annual Forecast: 2026 set to be a year of transition, not capitulation
The US Dollar (USD) enters the new year at a crossroads. After several years of sustained strength driven by US growth outperformance, aggressive Federal Reserve (Fed) tightening, […]