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The Central Bank of Sri Lanka (CBSL) may raise interest rates by at least 50 to 100 basis points next week, equivalent to an increase of 0.5% to 1%, Samagi Jana Balawegaya Member of Parliament Harsha de Silva told Parliament today (21). MORE..

21 May 2026 (9:31 PM)

Sri Lanka s reform program continues to move forward, with the International Monetary Fund s (IMF) Executive Board set to consider the combined Fifth and Sixth Reviews under the Extended Fund Facility on Wednesday (May 27). MORE..

22 May 2026 (9:03 AM)

Deputy Minister of Finance and Planning Dr. Anil Jayantha today told Parliament that reports claiming 4,000 Letters of Credit (LCs) were opened on May 15, a day before the government imposed a new 50% surcharge on customs import duties for imported vehicles, are completely false. MORE..

22 May 2026 (12:10 AM)

The United National Party (UNP) has raised concerns over what it described as the �uncontrolled depreciation� of the Sri Lankan rupee, questioning the government s economic approach and warning of rising pressure on the public due to the increasing cost of living. MORE..

21 May 2026 (6:41 PM)

Republican leaders of the U.S. House of Representatives unexpectedly canceled a vote on Thursday on a resolution seeking to end the Iran war unless President Donald Trump obtains Congress authorization, two days after a similar #8204;measure advanced in the U.S. Senate. MORE..

22 May 2026 (7:09 AM)

The Leader of the Opposition, Sajith Premadasa has called for an All Party Conference in order to discuss the ongoing economic downturn including the rapid depreciation of the Sri Lankan Rupee. MORE..

22 May 2026 (12:02 AM)