IMF Engages in Talks with Sri Lanka for Program Review to Advance Economic Recovery
The International Monetary Fund (IMF) is actively engaging with Sri Lanka’s new administration to discuss priorities as it works toward the next review.
Economics
Providing analysis and commentary on key economic indicators such as GDP growth, unemployment rates, inflation, and consumer spending.
Economics
Economics
G-24 Pushes for Common Debt Framework for Middle-Income Nations, Citing Sri Lanka’s Progress
At the G-24 press briefing during the IMF-World Bank Annual Meetings on October 22, the G-24 countries advocated for the establishment of a.
- October 24, 2024
Economics
IMF Warns of Global Economic Risks from Elections and Policy Shifts
The International Monetary Fund (IMF) has raised concerns about the elevated uncertainty surrounding the global economic outlook, citing the potential impact of elections.
- October 23, 2024
Economics
Sri Lanka’s Export Economy Faces Challenges, IPS Calls for Diversification and Policy Reforms
According to the Institute of Policy Studies (IPS), Sri Lanka’s export economy remains heavily reliant on apparel, with goods and services exports accounting.
- October 22, 2024
Economics
Sri Lanka Faces High Poultry Feed Costs Amid Maize Trade Controls
Sri Lanka is grappling with high poultry feed costs due to import duties and trade controls on maize, a key ingredient in animal.
- October 21, 2024
Economics
Sri Lanka Tea Crop Surges in September, Marginal Growth Recorded for First Nine Months of 2024
Sri Lanka’s tea industry witnessed a remarkable surge in September 2024, with tea production reaching a seven-year high of 24.13 million kilos, according.
- October 18, 2024
Economics
Sri Lanka to Revisit 2025 State Worker Salary Hike Decision: Minister Vijitha Herath
The Sri Lankan government will revisit the decision to increase state worker salaries in 2025, according to Minister Vijitha Herath. The previous cabinet.
- October 16, 2024
Economics
Foreign Inflows into Sri Lanka’s Government Securities Rise Amid Deflationary Policies
Foreign investment in Sri Lanka’s government securities surged last week, with Central Bank data revealing a 15.7 percent increase in foreign holdings. The.
- October 14, 2024
Economics
Tax Evasion Costs Sri Lanka Rs.80 Billion in 2023, IPS Study Finds
A recent study by the Institute of Policy Studies (IPS) reveals that the Sri Lankan government lost an alarming Rs.80 billion in tax.
- October 11, 2024
Economics
World Bank Projects 4.4% Growth for Sri Lanka in 2024
Sri Lanka’s economy is on the path to recovery, with the World Bank projecting a growth rate of 4.4% for 2024, surpassing previous.
- October 11, 2024