#economy

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World Bank Releases Second Tranche of US$500 Million RESET Development Policy Operation for Sri Lanka’s Economic Recovery

CeylonWire

December 20, 2023

The World Bank has disbursed the second tranche of the US$500 million Sri Lanka Resilience, Stability, and Economic Turnaround (RESET)

#CEB

Sri Lanka’s Power and Energy Minister Announces Comprehensive Freeze on CEB Employee Benefits

CeylonWire

December 20, 2023

Sri Lanka’s Power and Energy Minister, Kanchana Wijesekera, has issued a directive imposing an immediate freeze on all bonuses, allowances,

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India Declares Itself a Crucial Lifeline for Neighbors, Especially Sri Lanka, Amid Economic Crisis

CeylonWire

December 18, 2023

India’s External Affairs Minister, Dr. S. Jaishankar, has asserted that India is not only a regional leader but also a

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President urges political leaders to act responsibly in IMF Program

CeylonWire

December 18, 2023

President Ranil Wickremesinghe has urged all political leaders to exhibit responsibility in their approach to the International Monetary Fund (IMF)

#Aragalaya

Former President Mahinda Rajapaksa Advocates Special Commission to Probe Harassment Incidents During ‘Aragalaya’ Protest Movement

CeylonWire

December 16, 2023

During the Sri Lanka Podujana Peramuna (SLPP) National Convention, held at the Sugathadasa Indoor Stadium in Colombo on December 15,

#Agreements

Mahinda Yapa Abeywardana, Speaker of Parliament, Endorses Fiscal Measures in the 2024 Budget Amidst Economic Challenges

CeylonWire

December 15, 2023

In a significant parliamentary development, Mahinda Yapa Abeywardana, Speaker of Parliament, officially endorsed the certificates on the Appropriation Bill for

#Agreements

The International Monetary Fund Commends Sri Lanka’s Milestones Toward Debt Sustainability

CeylonWire

December 13, 2023

In a recent development, the International Monetary Fund (IMF) has lauded Sri Lanka for achieving significant milestones in steering its

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Foreign Direct Investment (FDI) Trends: A Comparative Analysis of Economic Policies and Capital Inflows in India and Sri Lanka

CeylonWire

December 13, 2023

Introduction The economic landscape of nations is significantly shaped by foreign direct investment (FDI), a vital driver for development, technological