SRI LANKA UPDATE | 08 – 14 SEPTEMBER 2023 The Economy: Government defers controversial Simplified Value-Added Tax (SVAT) – The Cabinet of Ministers accepted the modification of the relevant provisions’ implementation […]

SRI LANKA UPDATE | 01 – 07 SEPTEMBER 2023 The Economy: Government confident of receiving International Monetary Fund (IMF) second tranche amid progress – Cabinet Co-Spokesman expressed optimism on the Government’s chances of

SRI LANKA UPDATE | 11 – 17 AUGUST 2023 The Economy: International Monetary Fund (IMF) team due to arrive in Sri Lanka in September – A delegation from the IMF is

 The Economy:   The second reading of Budget 2024 passed in Parliament – Parliament approved the Appropriations Bill for the fiscal year 2024 on its second reading by a majority of

SRI LANKA UPDATE | 28 July – 03 AUGUST 2023 The Economy: Inflation as per Colombo Consumer Price Index (CCPI) in single digits in July after 20 months – Headline inflation, as

SRI LANKA UPDATE | 21 – 27 JULY 2023 The Economy: Government eases restrictions on outward forex remittances – According to the Central Bank of Sri Lanka (CBSL), the Finance Minister issued a

SRI LANKA UPDATE | 14 – 20 JULY 2023 The Economy: The European Commission proposes a 4-year extension of the Generalised Scheme of Preferences Plus (GSP+) scheme for Sri Lanka – In the

ADVISORY The Economy: Government gazettes Domestic Debt Optimisation (DDO) – President Ranil Wickremesinghe in his capacity as the Minister of Finance, Economic Stabilization and National Policies published the Extraordinary Gazette on