Notable
Around 700,000 Sri Lankans have left the country for foreign jobs legally in 27 months through March 2024
Confident and optimistic that a second round of talks will commence very soon
A Fiscal Management Responsibility Act, which has been repeatedly breached in the past will be repealed
We are confident that second round of discussions will help us reach a solution
Information not to be used retrospectively, Minister says
The EPF had come under fire in the past over questionable investments in stocks and also bonds.
The strides made in our economic recovery and financial stability have been acknowledged as significant advancements
So there is an issue of policy mix which we're talking, which we've been engaging the authorities with
I'm hopeful that there will be some conclusions down the road
Bondholders are insisting on a GDP link as they believe IMF GDP growth projections are too narrow
Sri Lanka has been attempting to tap global market for Green Bonds since 2023
Says possible to discuss a detachable value recovery instrument
Bondholders make suggestion for upside and downside bonds based on a baseline scenario
The matters will be discussed at round of talks in the near future
52 State-Owned Enterprises in Sri Lanka incurred losses of LKR 744.6 billion in 2022
PBO will analyse every public finance document and brief MPs on costs benefits plus
| Latest | Last | |
|---|---|---|
| US Dollar | 305.1018 | 305.3339 |
| UK Pound | 386.9523 | 387.2371 |
| Euro | 330.8712 | 332.1141 |
| Aus Dollar | 201.0018 | 201.4980 |
| Yen | 2.0266 | 2.0278 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.6453 | 3.5932 |
| Korea Won | 0.2342 | 0.2292 |
| Oman Rial | 780.3569 | 769.4973 |
| Saudi Riyal | 80.1114 | 78.9849 |
| UAE Dirham | 81.7952 | 80.6569 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,573.80 | 1.00% |
| CSE All Share | 9,073.41 | 0.65% |
| Turnover Rs million | 1,591,766,524.95 | 1,029,335,694.32 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 21.72 | 21.79 |
| 6-m bill | 19.55 | 20.31 |
| 12-m bill | 17.72 | 19.28 |
| 5-yr bond | 21.00 | 22.53 |
| 8-yr bond | 19.42 | 20.55 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 13.93 | 14.00 |
| Gilt Repo | 13.50 | 14.00 |
| I-m SLIBOR | - | - |
The new beneficiaries were added taking into consideration appeal
Usually the monthly salaries are paid starting from the 16 and 17. But for April money is paid before the New Year.
Reforms identified by a committee made up of IMF, World Bank and Central Bank officials
The electricity reform bill is linked to a $100mn budget support loan from the Asian Development bank
Multilateral lender debt is serviced after a default
Domestic debt re-structuring related to SOE debt also expected to be done soon
A budget for 2024 set aside 1.5-pct of GDP in allocations for possible bank recapitalization
Sri Lanka is negotiating a series of free trade agreements
Irrigation, education and health likely areas for project financing in the near term
Sri Lanka is starting discussions with bondholders this week to restructure bonds
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