Economics

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

Economics

IMF Says Sri Lanka’s SOEs Could Remain State-Owned or Be Privatized Amid Restructuring Debate

Sri Lanka’s state-owned enterprises (SOEs) could either remain under state ownership or be privatized, according to Peter Breuer, International Monetary Fund (IMF) Mission.

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Economics

Sri Lanka Collects Rs10.9bn from Rice Import Tax Amidst Low Yields and Protectionist Measures

Sri Lanka has collected 10.9 billion rupees from imported rice as of January 10, according to K A Vimalenthirarajah, Secretary to the Ministry,.

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Economics

Sri Lankan MPs to Receive Taxpayer-Funded Vehicles Amid Public Concerns

Sri Lanka’s parliamentarians are set to receive fully taxpayer-funded vehicles, replacing the previous practice where they financed their own cars without tax, according.

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Economics

SLEA Hosts Panel on Path from Debt Default to Growth

A new chapter for Sri Lanka’s economic growth unfolded yesterday as the Sri Lanka Economic Association (SLEA), in collaboration with ODI Global, hosted.

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Economics

Sri Lanka Signs $3.7 Billion Deal with Sinopec for New Oil Refinery in Hambantota

Sri Lanka has signed a landmark agreement with Sinopec, the Chinese international petroleum corporation, to build a state-of-the-art oil refinery in Hambantota. The.

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Economics

Workers’ Remittances Surge 10% to $6.5 Billion in 2024; December Hits $614 Million

Workers’ remittances for 2024 rose by 10%, reaching $6.57 billion compared to the previous year, driven by a strong inflow of $614 million.

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Economics

Government Lifts Five-Year Vehicle Import Ban with Increased Excise Duties

The Government has officially announced the resumption of vehicle imports after a five-year suspension, effective February, with a revised excise duty structure detailed.

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Economics

Sri Lanka to Import Coconut Kernels Amid Crop Shortfall

Sri Lanka will facilitate state-led imports of coconut kernels to support local mills in producing oil and other related products, Industries Minister Sunil.

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Economics

Treasury Secretary Emphasizes Debt Restructuring as Key to Fiscal and Macroeconomic Stability

Treasury Secretary Mahinda Siriwardana emphasized that Sri Lanka’s debt restructuring program is pivotal for restoring fiscal and macroeconomic stability. Speaking on the topic.

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