Call for Parliamentary Select Committee to Review Supreme Court’s Decision on Gender Equality Bill. Bill Unrelated to Same-Sex Marriage. Protection of Buddhism and Women’s Rights must be assured – President. President Ranil Wickremesinghe delivering a special statement to Parliament today...

PRESS RELEASEClarification on Imputed Rental Income Tax The recent publication of the International Monetary Fund (IMF) supported ExtendedFund Facility (EFF) programme related documents make reference to a proposedproperty tax to be implemented as an imputed rental income tax. The purpose...

A 50% subsidy has been introduced to address the challenges faced by Tea Small Holders – State Minister of Social Empowerment Anupa Pasqual. State Minister for Social Empowerment, Anupa Pasqual, stated that meaningful change in the country can only be...

The citizens of this country, while seeking political solutions, have not prioritized addressing economic challenges – Says the President addressing the Youth Conference in Mannar. President Ranil Wickremesinghe emphasized that the future of Sri Lanka will be determined by the...

vacant properties by 2025 IMF, in its latest report on Sri Lanka has proposed an imputed rental income tax from owner-occupied and vacant residential property to be introduced by April 1, 2025, with an exemption threshold and a graduated tax...

xr:d:DAFnXDbZRoo:36,j:4282192976072233294,t:23070602 The Central Bank of Sri Lanka hosted the 45th SAARCFINANCE Governors’ Meeting and Symposiumduring 13-14 June 2024 in Colombo. The event was attended by the Governors, Finance Secretaries,and other delegates from the Central Banks and Ministries of Finance in...

I’m Committed to Ensuring Adequate Living Standards for All Citizens and Rapid Development for the Nation. President Ranil Wickremesinghe emphasized that he has not deviated from the principles of the democratic socialist system in Sri Lanka. He noted that two...

The IMF Executive Board completed the 2024 Article IV Consultation and Second Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US $336 million) to support its economic...

xr:d:DAFnXDbZRoo:36,j:4282192976072233294,t:23070602 Currently, institutions providing money transfer services in Sri Lanka such as banks and non-bank financial institutions, are regulated by the Central Bank of Sri Lanka (CBSL) or other relevant authorities to ensure financial system stability. However, some entities providing...