15 Q&A from the Finance Ministry on Tax & Expenditure
2024-08-31
The Ministry of Finance has given details on the government’s tax policy and expenditure management measures. Following are the answersContinue Reading
Relaxing vehicle import ban : New update
2024-04-29
The Sri Lankan Government is considering lifting restrictions imposed on vehicle imports, subject to conditions, it was reported. According toContinue Reading
Which companies interested in buying SL SOEs : Details revealed
2024-04-18
The State-Owned Enterprises Restructuring Unit of the Ministry of Finance has provided an update on the divestiture process of sharesContinue Reading
14 companies interested in buying Litro revealed
2024-03-15
A total of 14 Request for Expression of Interest (REOI) have been received from potential investors for the Strategic DivestitureContinue Reading
Minister Manusha slams Finance Ministry officials
2024-01-17
Minister of Labour and Foreign Employment Manusha Nanayakkara has slammed Finance Ministry officials, stating that they are acting without anyContinue Reading
Finance Ministry issues list of 43 VAT-free items
2024-01-03
The Ministry of Finance has released a list of the items that will be exempted from Value Added Tax (VAT).Continue Reading
Fuel & Gas price from Jan 1st : Clarification from Finance Ministry
2023-12-28
The Ministry of Finance has announced changes that will affect the prices of fuel and LP gas from January nextContinue Reading
New condition to pay bonus in govt owned businesses
2023-12-22
The Ministry of Finance has announced criteria for the payment of bonuses to staff of Commercial Corporations, Statutory Boards, andContinue Reading
ADB US$ 200 Mn loan : Details released
2023-12-11
The loan agreement for the policy-based lending for subprogram-1 of the Asian Development Bank’s US$ 200 million loan for theContinue Reading
9 EOIs received to buy Hilton shares
2023-11-17
The government has received a total of nine (09) Expressions of Interest (EOI) from potential investors for the acquisition ofContinue Reading
Official: SL reaches agreement with China Exim Bank over USD 4.2 billion debt
2023-10-12
The government of Sri Lanka has reached an agreement on the key principles and indicative terms of a debt treatmentContinue Reading
Importing vehicles : Govt mulls new rule
2023-06-09
One in five Sri Lankans has reportedly imported a vehicle within the last five years, State Minister of Finance RanjithContinue 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
President leaves for UK, New acting Finance Minister appointed
2023-05-04
State Minister of Finance Shehan Semasinghe has been sworn in as the Acting Minister of Finance. His appointment comes afterContinue 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
Privatization of 7 SOEs : New update
2023-03-29
The Ministry of Finance has called for Expressions of Interest (EOI) from consultancy firms interested in providing sell-side transaction advisoryContinue Reading
PUCSL chairman accuses Finance Ministry Sec of violating law
2023-03-17
Chairman of the Public Utilities Commission of Sri Lanka (PUCSL), Janaka Rathnayake has highlighted violations of the Public Utilities CommissionContinue 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