A recent economic discussion program on a major television channel hosted a panel that included two economists, a representative of the SME sector and three Members of Parliament, one of whom is a ...

Sri Lanka's budgeted expenditure for 2025 will likely lead to a wider fiscal deficit and slower-than-expected fiscal ...

By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka aims to transform its crisis-hit economy to prepare to resume debt ...

During the discussions, the World Bank delegation expressed appreciation for the progress made in Sri Lanka’s debt ...

On the right, Anura Kumara Dissanayake, President of Sri Lanka. On the left, Dr. S. Jaishankar, India’s Minister of External ...

Debt accumulation by governments often sparks heated debates, with some considering it a crisis and others a necessity. ..

Dissanayake cynically claimed that his government wants to establish the “economic sovereignty” of Sri Lanka, even as he is ...

The government will soon enter into an agreement on debt restructuring with Hungarian Export Credit Insurance Private Limited (HECIPL), which will include the loan concessions, under the debt ...

Persistent deficits made it difficult for Sri Lanka to meet its debt obligations, and the COVID-19 pandemic worsened the nation’s economic outlook. Sri Lanka is an island nation in the Indian ...

The Sri Lankan government has introduced a series of fiscal measures in its 2025 budget, including higher levies on casinos.

Sri Lanka will maintain a primary account surplus of 2.3% of GDP, in line with IMF requirements, for 2025, the president said. The government will also ensure that Colombo repays all its debt ...