MICROCOSM
In August, headline inflation – as measured by the year-on-year change in the Colombo Consumer Price Index (CCPI) – saw a notable decrease
MICROCOSM
Headline inflation, measured by the year on year change in the Colombo Consumer Price Index (CCPI), saw a substantial decrease to 6.3 percent
GLOBAL EQUITIES
Kelani Valley Plantations announced that its fully owned subsidiary Mabroc Teas proposes investing US$ 70,000 (a 70% equity stake) in Mabroc East Africa
MICROCOSM
The World Bank approved US$ 700 million in budgetary and welfare support for Sri Lanka in June. This is the largest funding tranche since the IMF deal
MICROCOSM
Sri Lanka’s credit facility for US$ 1 billion with India, signed in March last year, was granted an extension until March 2024