COLOMBO (Reuters) -Sri Lanka is aiming to boost its economic growth to up to 6% in 2026, partly through record government capital expenditure, though delays in passing the budget could drag on its ...
Sri Lanka's President Anura Kumara Dissanayake will unveil the national budget on Friday, emphasizing economic reforms to ...
COLOMBO, April 23, 2025—Sri Lanka’s economy has made a remarkable recovery in 2024, surpassing growth expectations by recording 5 percent growth, compared to the projected 4.4 percent, says the World ...
Sri Lanka’s National People’s Power (NPP) government, led by the charismatic President Anura Kumara Dissanayake, entered office in late 2024 at a turning point in the country’s economic history. Sri ...
COLOMBO, April 2, 2024—Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still ...
COLOMBO, April 2 (Reuters) - The World Bank raised its forecast for Sri Lanka's economy on Tuesday, projecting growth of 2.2% for 2024 as the crisis-hit nation makes a faster-than-expected recovery ...
In April 2022, Sri Lanka faced protests over scarcity of essentials, chaotic resignations, a first-ever sovereign debt default and began bailout talks with the IMF. Though improvements have been seen, ...
Sri Lanka, Oct. 20 -- The Institute of Policy Studies (IPS) has urged Sri Lanka to convert its cyclical post-crisis rebound into structurally driven growth, warning that the country's recovery will ...
COLOMBO (Reuters) -Sri Lanka's economy is expected to grow again from the end of this year and the government hopes the country will emerge from an economic crisis by 2026, the president said on ...
Sri Lanka’s monetary policy will remain accommodative for the economy to reach its potential growth, while focusing on domestic price stability, Central Bank Governor Nandalal Weerasinghe said. The ...
IATA has urged Sri Lanka to develop an aviation blueprint so as to generate greater economic growth and prosperity through having a stronger aviation industry. “Aviation connectivity can play a much ...