Sri Lanka's tax revenues grew 43 percent to 2,156 billion rupees in the seven months to July 2024, and the overall budget deficit fell steeply by 41 percent to 1,470 billion rupees, data published by ...

Sri Lanka elected Anura Kumara Dissanayake as its new president on September 21, 2024, marking the first time in the ...

The loan announced on Monday, which follows an earlier $500 million World Bank loan after the 2022 economic crash ...

The International Development Association (IDA) of the World Bank Group (WBG) has approved a USD 200 million financing ...

COLOMBO: Sri Lanka's new government has approved a controversial restructure of $14.7 billion in foreign commercial credit ...

Jehan Perera Diplomatic missions that took a keen interest in the outcome of the presidential election have lost no time in reaching out to President Anura Kumara Dissanayake after his victory.  Prior ...

The Chandigarh Municipal Corporation holds a review meeting on the PM SVANidhi scheme, focusing on loan disbursement and resolving pending cases with participation from nationalized banks.

As per IMF Annual Report 2023, 60% of low-income countries and 25% of emerging market economies are at risk of debt distress.

In a massive political upset, a neo-Marxist political outsider won September’s presidential election in Sri Lanka. The ...

The secondary market adopted a mixed sentiment during the day despite the finalisation of the EDR process as the country ...

The two countries charted a fresh course on defence and economic cooperation during talks between their leaders. Read more at ...