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Sri Lanka CB did not approve luxury SUV imports for MPs: Governor
Date : Jun - 13

The elected ruling class also get tax free SUVs and state workers get tax slashed cars while ordinary people pay taxes of close to 300 percent for some vehicles in a modern day feudal-overload-to-serf style taxation system.

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Losing GSP+ will spell disaster for Sri Lanka’s economy: former PM Wickremesinghe
Date : Jun - 13

The United National Party (UNP) leader was referring to a resolution adopted by the European parliament June 10 calling for the repeal of Sri Lanka’s Prevention of Terrorism Act (PTA) and inviting the European Union (EU) Commission to consider temporarily withdrawing Sri Lanka’s access to GSP+.

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Sri Lanka petrol, diesel deals won by PetroChina International
Date : Jun - 01

The Cabinet of ministers had cleared a recommendation by a special standing procurement committee to award the contracts to PetroChina International from June 01, 2021, to January 31, 2022.

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EPF dept. makes arrangement to provide services remotely
Date : May - 24

Those who require the confirmation and contribution history reports should forward the request letter along with scanned documents of the National Identity Card (NIC), B Card, Bio page of the valid passport, and the visa application form.

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Sri Lanka forex markets inactive, bond yields marginally up
Date : May - 21

Sri Lanka has imposed a travel restriction from May 21 at 11.59 pm to May 28 with a one-day break in between on May 25 as the health officials are trying to contain the spread of a third-wave COVID-19 infection.

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Sri Lanka export firms to run with workers from outside Covid-19 lockdown areas
Date : May - 16

The export-oriented industries are allowed to function within a bio-secure bubble by ensuring secure transport and accommodation for workers under the close supervision of area Medical Officer of Health, the EDB said.

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Sri Lanka sells Rs19.5bn of Treasury bonds
Date : May - 13

10 billion rupees of 01 May 2025 bonds were sold at 7.04 percent after calling bids for 10 billion

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Sri Lanka’s private, state credit soars in March 2021, rupee down
Date : May - 03

The central bank prints money to finance or monetize current budget deficits and also to turn legacy debt from past years into reserve money by rejecting bids for maturing government debt to artificially keep Treasuries yields down.

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Sri Lanka Development Bond auction: US$652mn sold
Date : Apr - 29

The debt office said a window will be kept open until 1200noon on 30.04.2021 for any investor to buy bonds at the weighted average yield.

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Sri Lanka residents who earn abroad allowed to maintain foreign bank accounts
Date : Apr - 26

Money earned before Sri Lanka’s 2017 Foreign Exchange Act was enacted or before could be held in such accounts.

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