SL Economy

Central Bank of Sri Lanka delivers surprising 100bps rate hike amid IMF insistence

March 04, 2023, Colombo: Taking everyone by surprise, the Monetary Board of

4 Min Read
Qatar Charity reopens its office in Sri Lanka

January 11, 2023, Colombo: Qatar Charity is the primary charitable arm of

1 Min Read
IMF approves funding of USD 2.9 bn for Sri Lanka

March 20, 2023, Colombo: The Executive Board of the IMF has approved

1 Min Read
Sri Lanka set to import low-quality drugs from India – Govt. Pharmacists

February 14, 2023, Colombo: Unregistered and low-quality drugs are to be imported

1 Min Read

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Sri Lanka’s 2024 Budget amidst economic challenges and elections

November 25, 2023, Colombo: Sri Lanka's 2024 budget, presented by President Ranil Wickremesinghe in November 2023, comes at a crucial

9 Min Read

Sri Lanka Receives 1st Disbursement of US$ 250 Million from the World Bank

July 05, 2023, Colombo: Sri Lanka has received the 1st disbursement of US$ 250 million out of US$ 500 million

1 Min Read

Sri Lanka President sets ambitious timeline for Debt Restructuring Reconciliation efforts

June 23: Sri Lanka President Ranil Wickremesinghe outlined plans to finalize the debt restructuring process by September in a determined

2 Min Read

Sri Lanka is among 15 most miserable countries

May 26, 2023, Colombo: Sri Lanka ranked 11th most miserable country in the Hanke’s Annual Misery Index (HAMI) 2022. Economist

1 Min Read

Sri Lanka Parliament votes in favour of IMF’S Extended Fund Facility program

April 29, 2023, Colombo: The Resolution for the Implementation of the Arrangement under the Extended Fund Facility (EFF) program of

3 Min Read

Sri Lanka consumer inflation dips to 49.2% in March

April 23, 2023, Colombo: Sri Lanka's National Consumer Price Index (NCPI) eased to 49.2% year-on-year in March, after a 53.6%

2 Min Read

Sri Lanka makes significant progress at the World Bank – IMF Spring Meetings in Washington

April 16, 2023, Colombo: Sri Lanka makes significant progress in restructuring its debt and solving the economic crisis at the

4 Min Read

All Road users in Sri Lanka have to pay a toll

All Road users in Sri Lanka have to pay a toll April 10, 2023, Colombo: Sri Lanka Government will soon

2 Min Read

Timely, Credible Structural Reforms Vital for Sri Lanka to Reset its Course: World Bank

April 05, 2023, Colombo: Sri Lanka’s heightened fiscal, external, and financial sector imbalances and its fluid political situation pose significant

5 Min Read

Litro Gas to reduce prices from midnight

April 03, 2023, Colombo: Litro Gas Lanka Ltd. has decided to reduce gas prices by nearly Rs. 1000 from midnight

1 Min Read
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