U.S. Reaffirms Commitment to Sri Lanka’s Economic Recovery and Governance
During a high-level visit to Sri Lanka, Assistant Secretary of State for South and Central Asia Donald Lu underscored the
Revitalizing Sri Lanka’s Economy: A Roadmap to Alleviate the Burden on its Citizens
Introduction In the serene landscapes of Sri Lanka, where vibrant cultures and breathtaking scenery once painted a portrait of prosperity
World Bank Forecasts Modest Growth for Sri Lankan Economy in 2024 and 2025
In a report on global economic prospects released to the local press on Wednesday, the World Bank predicts a growth
World Bank Releases Second Tranche of US$500 Million RESET Development Policy Operation for Sri Lanka’s Economic Recovery
The World Bank has disbursed the second tranche of the US$500 million Sri Lanka Resilience, Stability, and Economic Turnaround (RESET)
Mahinda Yapa Abeywardana, Speaker of Parliament, Endorses Fiscal Measures in the 2024 Budget Amidst Economic Challenges
In a significant parliamentary development, Mahinda Yapa Abeywardana, Speaker of Parliament, officially endorsed the certificates on the Appropriation Bill for
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
Foreign Minister Ali Sabry Reports 275,000 Sri Lankans Departed for Overseas Employment in Current Year
Minister of Foreign Affairs, Ali Sabry, disclosed that a staggering 275,000 Sri Lankans have embarked on foreign employment opportunities within
President Wickremesinghe Optimistic for IMF Review and Stresses Commitment to Economic Restructuring
Sri Lanka’s President, Ranil Wickremesighe, has conveyed optimism regarding the International Monetary Fund (IMF) Board’s timely conclusion of the first
Creditor Nations, Including Japan, Expected to Finalize Debt Relief Agreement for Sri Lanka
Japan, in collaboration with France and India, is anticipated to lead a group of creditor nations in reaching an agreement
Sri Lanka Awaits Official Confirmation of Debt-Restructuring Agreement with Creditor Nations
Sri Lanka has been apprised that a debt-restructuring agreement with creditor nations has been successfully negotiated. However, as of Wednesday