diff --git a/gradle.properties b/gradle.properties
index 7a3d5a22..fdde6f58 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,7 +1,7 @@
 org.gradle.caching=true
 group=io.ballerina.stdlib
 version=1.9.0-SNAPSHOT
-ballerinaLangVersion=2201.8.0-20230726-145300-b2bdf796
+ballerinaLangVersion=2201.8.0-20230830-220400-8a7556d8
 
 puppycrawlCheckstyleVersion=10.12.0
 githubJohnrengelmanShadowVersion=8.1.1
@@ -16,7 +16,7 @@ ballerinaGradlePluginVersion=2.0.1
 gsonVersion=2.8.8
 
 # Dependencies
-stdlibIoVersion=1.6.0-20230810-115500-2e569f5
-stdlibLogVersion=2.9.0-20230810-161500-6d3d1df
-observeVersion=1.2.0-20230810-105500-5841859
-observeInternalVersion=1.2.0-20230810-141300-a348751
+stdlibIoVersion=1.6.0-20230831-135000-049f91a
+stdlibLogVersion=2.9.0-20230831-153100-9b73447
+observeVersion=1.2.0-20230831-133600-6d16df4
+observeInternalVersion=1.2.0-20230831-141400-b3bbdc2