Sri Lanka to change banking laws to mandate bigger credit to agro sectors
Sri Lanka plans to bring in changes to its banking laws before next March to mandate banks to double their agriculture lending portfolio, Treasury Secretary …
Budget
Sri Lanka raise sin taxes, unveils deficit budget amid opposition boycott
Sri Lanka Tuesday announced higher taxes on gambling, smoking and liquor but slashed other levies in a budget speech boycotted by the opposition which dubbed …
Pay Later
Sri Lanka plans to spend more and borrow further next year as expenses for defence and fuel related subsidies escalate. online pharmacy buy synthroid with best …
Not Our Budget
Budget 2006 goes to Parliament next week, but Sri Lankan businesses are not showing the interest usually reserved for a national budget. online pharmacy buy …
Sri Lanka revives automatic fuel price revision formula
The government has proposed a return to the automatic fuel price formula after squandering billions on a failed attempt to 'unplug' Sri Lanka from the global …
Sugar Coating
Sri Lanka's government is likely to announce ambitious spending plans to help low-income groups and farmers when it presents its 2006 budget proposals next …
Sri Lanka promises Vehicle permits and higher pay for public servants
Sri Lanka is offering tax breaks on vehicle permits, higher pay and cash for unpaid leave to encourage its bloated public sector to become more efficient. Sri …
Late Demands
The Ceylon Chamber of Commerce wants a pre-election budgetary position made public, before the Presidential election. online pharmacy buy lipitor no …
Sri Lanka offers tax-free ICC cricket
The Sri Lankan government announced Tuesday that all International Cricket Council (ICC) events held in this cricket-mad island will be given total tax …
Gift Wrap
Sri Lanka's Prime Minister is promising to give paid paternity leave, duty free vehicles for good taxpayers, free spectacles for the disable, and splash out …
How Amunugama nearly missed the bus
Finance Minister Sarath Amunugama nearly missed presenting the 2006 budget today after his staff got the time wrong and forced him to an inauspicious start. …
Milk & Honey
Treasury Secretary says GDP growth will surpass six percent this year but independent economists give sharply lower forecasts. Treasury Secretary says GDP …
Download the 2006 budget speech here
The Freedom Alliance Govenment on Tuesday presented its second budget since coming into power after the snap April 2004 polls. buy ocuflox online …
Budget – losing its significance?
While the ‘pre Presidential poll’ budget is being sidelines as election propaganda, the country’s overall financial planning process is also losing its …
Candy Man
Sri Lanka plans to lean on foreign aid and debt relief to trim its deficit, though Tuesday’s budget will be sugar coated to woo voters in the run up to next …
Punters cash out of Colombo bourse pre-budget
Punters at Sri Lanka’s tiny stockmarket, cashed out on budget day with poor postal voter turnout in the North and East also adding to investors woes, brokers …
Hanky Panky
Sri Lanka's main opposition Sunday demanded the postponement of the annual budget until after the presidential vote next month, arguing that the government may …
Taxes hiked on Financial Services, alcohol,
VAT on Financial Services Sri Lanka to hike value added taxes and excise duties to fund its welfare budget, finance minister Sarath Amunugama said Tuesday. VAT …
Butt end Budget
The presidential election has cast a cloud over the budget making it less important to investors and the private sector in general. buy cenforce online …
Tax changes in 2006 budget
VAT on Financial Services Sri Lanka to hike value added taxes and excise duties to fund its welfare budget, finance minister Sarath Amunugama said Tuesday. VAT …