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Sri Lanka Treasury Bills rates were steady and T- bonds rates were up in moderate trade on Wednesday while the Central Bank’s guidance peg for interbank transactions strengthened by 14 cents, dealers said.
Sri Lanka's Ceylon Chamber of Commerce has welcomed key proposals in an interim budget, calling for their implementation and expressing willingness to support the process.
Sri Lanka's price control agency has issued sudden command to private manufacturers to control their raw material stocks, ordering them to operate at maximum capacity at the same time in an unusual state intervention.
The Asian Development Bank said it had approved 200 million US dollars in emergency credits for Sri Lanka by re-purposing existing loans which will be used for farming, and income support for the poor and vulnerable, especially women and children.
The Ceylon Chamber of Commerce views the interim budget for 2022 delivered by President Ranil Wickremesinghe in his capacity as Minister of Finance, as a positive step towards rebuilding the macroeconomic framework of the country. The Budget provides an estimate of the expected revenue and expen