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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)

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)

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)