President Ranil Wickremesinghe, in his capacity as the Minister of Finance of Sri Lanka, presented the 77th Annual National Budget in Parliament on the 14th of November.
view reportMACROECONOMIC: Fuel issues around the country have somewhat subsided and economic activity continues to stabilize, despite heavy rainfall. The government introduced revenue-generating policy measures which will face delays in finalization due to ongoing petitions against tax increases.
view reportEQUITY MARKETS: The upward trend of indices continued for a third consecutive month with the ASPI gaining 859.75 points (+9.48%) and the S&PSL20 gaining 236.36 points (+8.07%). A solid monthly net foreign inflow of LKR 14.7 bn was recorded and the YTD net foreign inflow currently stands at LKR 15.3 bn.
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