Economics

Providing analysis and commentary on key economic indicators such as GDP growth, unemployment rates, inflation, and consumer spending.

Economics

Sri Lanka Sets New Rooftop Solar Rate at 27 Rupees Per Unit

Sri Lanka will set the rate for rooftop solar electricity at 27 rupees per unit starting July 2024, as announced by Power Minister.

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Economics

135,000 Aswesuma Beneficiaries Miss Payments Due to Lack of Bank Accounts

More than 135,000 beneficiaries of Sri Lanka’s Aswesuma poverty alleviation program cannot receive their monthly payments due to not having bank accounts, a.

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Economics

Sri Lanka, Japan Discuss Carbon Reduction Funding

Sri Lanka and Japan have discussed new funding strategies to reduce carbon emissions and revive halted projects during a meeting with President Ranil.

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Economics

Sri Lanka’s Net Debt Decreases in 2023 Despite Borrowing for Budget

Sri Lanka’s central government net debt decreased to 36.3 billion USD in 2023, down from 37.5 billion USD in 2022, despite borrowing 1.57.

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Economics

Indian Expert Urges Sri Lanka to Explore Bran Oil Production from Paddy Seeds

Sri Lanka should explore the production of bran oil from paddy seeds and husks, similar to practices in India, according to Dr. B..

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Economics

Sri Lanka Targets 40% Direct Tax Collection by 2025

Sri Lanka aims to increase direct tax collection to 40 percent by 2025 from the current 30 percent, through expanded tax nets and.

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Economics

Sri Lanka Unveils Rs 13 Billion Aid Package for MSMEs

President Ranil Wickremesinghe announced a Rs 13 billion financial aid package for micro, small, and medium-scale enterprises (MSMEs) in Sri Lanka. This initiative.

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Economics

Sri Lanka Human Capital Summit 2024 Tackles Talent Drain

The Sri Lanka Human Capital Summit 2024, held at Temple Trees in Colombo on Thursday, July 18, aims to address the country’s pressing.

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Economics

Sri Lanka Plans Gradual Workforce Reduction at Ceylon Electricity Board

Sri Lanka will gradually reduce the workforce of the state-run Ceylon Electricity Board (CEB) from the approved 26,000 cadres through a Voluntary Retirement.

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Economics

Sri Lanka to Implement Cost-Based Water Pricing Formula in 2025

Sri Lanka’s cabinet of ministers has approved a cost-based pricing formula for the state-run National Water Supply and Drainage Board, according to Minister.

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