The International Monetary Fund Commends Sri Lanka’s Milestones Toward Debt Sustainability
In a recent development, the International Monetary Fund (IMF) has lauded Sri Lanka for achieving significant milestones in steering its
Foreign Direct Investment (FDI) Trends: A Comparative Analysis of Economic Policies and Capital Inflows in India and Sri Lanka
Introduction The economic landscape of nations is significantly shaped by foreign direct investment (FDI), a vital driver for development, technological
NPP MP Anura Kumara Dissanayake Challenges the Nature of China’s Sinopec Project, Denying it Qualifies as an Investment
During today’s parliamentary session, NPP MP Anura Kumara Dissanayake asserted that China’s Sinopec project, aiming to establish 250 petrol sheds,
IMF Completes First Review of Sri Lanka’s 48-Month Extended Fund Facility (EFF) Arrangement
Full Statement: The Executive Board of the International Monetary Fund (IMF) has successfully concluded the initial review of Sri Lanka’s
Cabinet of Ministers Approves Reduction in VAT Registration Threshold
In a decisive move, the Cabinet of Ministers, during its meeting on Monday (Dec.11), granted approval for a reduction in
IMF Executive Board to Convene for First Review of Sri Lanka’s Extended Fund Facility
The Executive Board of the International Monetary Fund (IMF) is scheduled to convene on Tuesday (12) to deliberate on the
Indian High Commissioner Emphasizes Unprecedented Support for Sri Lanka in Times of Crisis
The Indian High Commissioner to Sri Lanka, Gopal Baglay, asserted that India responded to the unprecedented crisis in Sri Lanka
Ministry of Finance Announces Second Phase of Aswesuma Relief, Targets 2 Million Beneficiaries
The Ministry of Finance has revealed plans to issue applications for the second phase of the Aswesuma relief in January,
Sri Lankan Migrant Workers Remit Record-breaking $5.4 Billion in the First 11 Months of 2023
The Central Bank of Sri Lanka (CBSL) has recently released data revealing that Sri Lankan migrant workers have remitted a
President Urges Plantation Company Leaders to Finalize Agreement on Labour Wages before December 31st
President Ranil Wickremesinghe advised the leaders of plantation companies to engage in a collective agreement concerning the wage hike for