Economics

Sri Lanka’s Dollar Inflows Exceed Imports by $604 Million in November 2024

Sri Lanka’s foreign exchange inflows in November 2024 amounted to 2.1 billion US dollars, surpassing imports by 604 million US dollars, according to.

  • January 2, 2025
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Economics

Sri Lanka to Continue Special Commodity Food Taxes to Protect Farmers

Sri Lanka’s cabinet has decided to retain the Special Commodity Levy (SCL) Act, reversing an earlier decision to abolish it, in order to.

  • December 19, 2024
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Politics

Opposition Leader Demands Clarity on IMF Agreement and Debt Restructuring

Opposition Leader Sajith Premadasa raised critical concerns in Parliament about the Government’s handling of the debt restructuring process and its adherence to the.

  • December 18, 2024
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Economics

IMF Meets Sri Lanka’s New Economic Team for Future Collaboration

Sri Lanka’s newly elected President Anura Dissanayake’s economic team held its first meeting with an International Monetary Fund (IMF) delegation. The discussions, which.

  • October 3, 2024
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Economics

IMF Team to Visit Sri Lanka This Week for Key Discussions with President Dissanayake

A delegation from the International Monetary Fund (IMF) is set to visit Sri Lanka this week to meet with President Anura Kumara Dissanayake,.

  • September 30, 2024
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Policy and Regulation

Sri Lanka’s Capital Market Awaits Policy Signals from President-Elect Dissanayake

Sri Lanka’s capital market is bracing for a cautious approach as it awaits President-elect Anura Kumara Dissanayake’s inaugural speech, with investors eager for.

  • September 23, 2024
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Business

Sri Lanka Sets New Wage Rates for Tea and Rubber Workers at Rs1,350 Plus Rs50 per Kilo

Sri Lanka’s wage board has announced new daily wage rates for tea and rubber workers effective from September 10, as detailed in a.

  • September 18, 2024
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Economics

Sri Lanka Central Bank’s Foreign Reserves Remain Negative at US$728 Million (July 2024)

As of July 2024, Sri Lanka’s central bank continues to face a challenging financial situation, with net foreign reserves remaining in the negative.

  • September 18, 2024
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Politics

Sri Lanka’s Economy Will Not Collapse Under NPP, Assures Anura Kumara Dissanayake

Sri Lanka’s economy will remain stable under the National People’s Power (NPP) administration, according to party leader Anura Kumara Dissanayake. Addressing the business.

  • September 5, 2024
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