International Economic Developments

US Supports Sri Lanka’s Path to Economic Sustainability Post-Crisis: Foreign Relations Chair

The United States has reaffirmed its support for the people of Sri Lanka in their efforts to build “an inclusive, just, democratic, and economically sustainable future,” according to Senator Ben Cardin, Chair of the Senate Foreign Relations Committee. This statement comes as Sri Lanka continues to recover from a devastating economic crisis in 2022, which

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Economics

Sri Lanka Approves IMF-Backed Anti-Corruption Agenda

Sri Lanka’s cabinet has approved a comprehensive ‘National Anti-Corruption Agenda’ incorporating findings from an International Monetary Fund (IMF) technical assistance report, as announced in a government statement. Key components of the agenda include revising the Anti-bribery law to align with the United Nations Convention Against Corruption and the Financial Action Task Force (FATF) guidelines. The

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