Interest rates to reduce after policy rates relaxed
2023-06-01
Interest rates at commercial banks are expected to be reduced by around 2.5%, State Minister of Finance Ranjith Siyambalapitiya announcedContinue Reading
Report on SL among poorest nations : Clarification from FM
2023-05-26
The latest report ranking Sri Lanka among the twenty poorest nations in Asia is based on facts from 2021, StateContinue Reading
SJB questions why three-fold fine not imposed on Gold smuggling MP ? Minister replies
2023-05-25
The fine imposed on Puttalam District MP Ali Sabry Raheem for the possession of undeclared gold is the highest fineContinue Reading
President appoints acting ministers due to Japan visit
2023-05-23
New Acting Ministers have been appointed for the Finance and Defence Ministries in the absence of the current Minister ofContinue Reading
Finance Ministry calls for a report on Sugar price fluctuations
2023-05-09
The Department of Trade and Investment Policies has been instructed to compile a report on the increase in sugar pricesContinue Reading
Lifting import ban : Update from Minister
2023-04-19
The government will take measures in the near future to relax the import ban on several items, State Minister ofContinue Reading
Minister reveals loss of state-owned enterprises
2023-04-05
State-owned enterprises will be restructured under the Public Enterprise Holding Company Ltd, which is created based on the models ofContinue Reading
Sri Lanka uses IMF loan to pay Indian loan
2023-03-24
A portion of the first disbursement from the International Monetary Fund (IMF) has been utilized, the Ministry of Finance saidContinue Reading
Rs 1.1 million interest-free loan for students who couldn’t enter state universities
2023-03-17
The government has decided to provide an interest-free loan of Rs 1.1 million for students who are unable to enterContinue Reading
Rupee strengthening : Govt explains why
2023-03-02
State Minister of Finance Ranjith Siyambalapitiya says the Sri Lankan rupee is strengthening due to several key decisions taken byContinue Reading
Income Tax : New directive from Finance State Minister
2023-03-01
State Minister of Finance Ranjith Siyambalapitiya has instructed the Commissioner General of the Department of Inland Revenue to take promptContinue Reading
Govt to auction illegally imported cosmetic items
2023-02-27
The government is considering auctioning some items of a consignment of cosmetic items valued at nearly Rs 50 million thatContinue Reading
PAYE Tax imposed on only 2.6% of workforce – Minister
2023-02-11
The Pay As You Earn (PAYE) Tax is only being imposed on 2.6% of the workforce, State Minister of FinanceContinue Reading
Finance Ministry to take action against illegal mobile phone imports
2023-02-01
The Ministry of Finance will initiate immediate action to prevent the illegal importation of mobile phones to Sri Lanka, StateContinue Reading
SL saves US$ 2500 million via import ban
2023-01-26
Sri Lanka was able to retain USD 2,500 million during the period from the suspension of imports to date, StateContinue Reading
PAYE tax : New decision announced
2023-01-09
The government has decided to prohibit state and semi-government institutions from paying the Pay As You Earn (PAYE) Tax ofContinue Reading
“LG polls if held will be a world record” – Minister Siyambalapitiya
2023-01-07
Sri Lanka will set a world record if a Local Government Election is held under the current circumstances in theContinue Reading
Solar panel : Port and Aviation Levy removed
2023-01-04
The Ministry of Finance has decided to remove the Port and Aviation Levy (PAL) on solar panel static converters/inverters. StateContinue Reading