*JKSB Opening Bell – News Snippets* 🔔 *16.06.2025* *Sri Lanka private credit expands Rs1.1trn in year to April 2025* “Sri Lanka’s private credit expanded 71 billion rupees in April 2025, easing from a 173 billion rupee surge in March, while credit to government expanded at a more moderate 57.2 billion rupees, official data show.” https://economynext.com/sri-lanka-private-credit-expands-rs1-1trn-in-year-to-april-2025-225552/ *FITIS committed to achieving USD 15 Bn digital economy goal by 2030* “The Federation of Information Technology, (FITIS) declared to make Sri Lanka the leading innovation and digital economic hub in Asia by fostering emerging technologies, enabling a future-ready workforce, and driving sustainable digital transformation that enhances global competitiveness and inclusive prosperity.” https://www.dailynews.lk/2025/06/16/business/796731/fitis-committed-to-achieving-usd-15-bn-digital-economy-goal-by-2030/ *Secondary Bond market yields close steady* “The Secondary Bond market initially kicked off last week with yields trading sideways, fluctuating within a narrow band.” https://www.ft.lk/financial-services/Secondary-Bond-market-yields-close-steady/42-777747 *Sri Lanka cuts foreign borrowing, boosts domestic financing* “Sri Lanka has recorded a significant shift in its budget financing pattern, with official data showing net foreign debt repayments of US$ 0.09 billion (Rs. 27.9 billion) during the first four months of 2025.” https://www.sundaytimes.lk/250615/business-times/sri-lanka-cuts-foreign-borrowing-boosts-domestic-financing-601043.html *IMF assessing Sri Lanka electricity tariff hike, BST guidelines* “The International Monetary Fund is assessing a recent electricity price hike by Sri Lanka’s power regulator, which is a key requirement to pass the next review, an official said, after the utility ran losses from a regulator driven price cut.” https://economynext.com/imf-assessing-sri-lanka-electricity-tariff-hike-bst-guidelines-225422/