Ceylon Chamber Launches “Implementing the National Budget 2025” Seminar Series
The effective implementation of the National Budget has been a key concern for many years. To enhance the feasibility of budget proposals and extend the …
Budget
Sri Lanka’s Revenue Raising Drive Key to Credit Profile: Fitch Ratings
The Sri Lankan government’s budget highlights the authorities’ commitment to raising fiscal revenues as a share of GDP - an approach that, if successful, …
CA Sri Lanka leads discussion on fiscal reforms & national prosperity at Annual Budget Seminar 2025
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) hosted its highly anticipated Annual Budget Seminar 2025, bringing together leading experts …
2025 Budget Targets Inclusive Growth Through Bold Reforms: Ceylon Chamber of Commerce
The Ceylon Chamber of Commerce welcomes bold proposals in the budget that align with its recommendations, Sri Lanka Economic Summit discussions, and Vision …
Sri Lanka Bank’s Association welcomes budget as “Positive,” stresses importance of implementation
Sri Lanka’s banks have welcomed the maiden budget of the new government, describing it as “positive” and one that seeks to maintain policy consistency, …
Budget 2025: Commitment to IMF Programme, Challenges Ahead, says Moody’s Ratings
Sri Lanka’s 2025 budget signals a strong commitment to adhering to the International Monetary Fund (IMF) programme, with a focus on achieving a primary …
Sri Lanka Announces Bus Sector Modernization with New Fleet of 300 Advanced Buses
The government has proposed the introduction of a modern and comfortable fleet of technologically advanced buses on a pilot basis. As part of this initiative, …
Govt Allocates Rs. 20 Bn to Sign Deal with Banks for SriLankan Airlines Legacy Debt Settlement
To address the financial burdens of SriLankan Airlines (SLA), the government has announced a plan to settle the airline's legacy debt. Despite previous …
Government Announces Special Interest Scheme for Senior Citizens with 3-pct Additional Interest
The government has introduced a Special Interest Scheme to be implemented from July 2025. Under this scheme, individuals above 60 years of age will be eligible …
Budget 2025: Tax Relief on Interest Income – Exempting WHT Up to Rs.1.8Mn
The government has announced new provisions that will impact senior citizens and individuals with lower assessable incomes. Financial institutions will not …
Final draft of the Budget 2025 Presented for Presidential Review
The final draft of the Budget 2025 was presented for the review of President Anura Kumara Disanayake today (16) at the Presidential Secretariat. Secretary to …
2025 Budget Must Meet EFF Program Parameters for Executive Board Approval: IMF
The International Monetary Fund (IMF) has stressed the importance of the 2025 budget aligning with the parameters of the Extended Fund Facility (EFF) program, …
CA Sri Lanka submits budget proposals to support national revival and growth
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), the country’s premier national accounting body, submitted a set of comprehensive …
Vote on Account first; 2025 Budget early next year: NPP Economic Council
The new President plans to introduce a vote on account to cover expenditures until a fully-fledged budget is presented next year, according to Professor Anil …
Sri Lanka’s Economic Crossroads: Harsha De Silva’s Unveiling Critique of Budget 2024
● Blatant violation of the Fiscal Management Responsibility Act in Budget 2024, with budget deficit exceeding 5%. ● Staggering increase in poverty …
VAT exemptions will be limited to health, education & few essential foods: Deloitte Sri Lanka budget discussion
Deloitte Sri Lanka, part of the international auditing, consulting, and financial advisory giant, Deloitte Global, held a special “Budget Night” panel …