President Discusses Tax Relief Plans with IMF Delegation in Sri Lanka
President Anura Kumara Dissanayake met with an IMF delegation yesterday, including Asia Pacific Department Director Krishna Srinivasan and Senior Mission Chief Dr. Peter.
Economics
International Economic Developments
Korean Exim Bank Resumes Funding for Sri Lanka’s Development Projects
The Export and Import (Exim) Bank of Korea has agreed to resume financial support for Sri Lanka’s development projects, according to the President’s.
- October 4, 2024
Investing
Netherlands Invests €300,000 in Gampaha Batik SMEs with Electric Three-Wheelers
The Netherlands’ Foreign Affairs Ministry has invested €300,000 in a cluster project aimed at enhancing the sustainability and growth of local batik SMEs.
- October 3, 2024
Economics
Sri Lanka’s IMF Program Review: What Comes Next?
Sri Lanka’s economic stability is closely tied to its International Monetary Fund (IMF) program, with reviews conducted every six months to assess the.
- October 2, 2024
Economics
World Bank Pledges Continued Support to Sri Lanka Under President Anura Dissanayake
The World Bank Group has reaffirmed its commitment to support Sri Lanka in a letter addressed to the newly elected President, Anura Dissanayake..
- September 27, 2024
Forex Market
Sri Lankan Rupee Strengthens to 304.25 as Bond Yields Decline
Sri Lanka’s rupee strengthened on Monday, closing at 304.25/75 against the US dollar, recovering from its previous close of 305.25/306.00 on Friday, according.
- September 24, 2024
Economics
IMF: Sri Lanka’s ISB Restructuring Deal Requires OCC Approval
The International Monetary Fund (IMF) has welcomed Sri Lanka’s recent agreement with international sovereign bondholders but emphasized that the deal still requires approval.
- September 24, 2024
Economics
Sri Lanka’s IMF Program Yields Positive Results, Debt Sustainability Assessment Underway
Sri Lanka’s ongoing economic recovery program is showing positive results, according to an International Monetary Fund (IMF) spokesperson. The IMF’s next program review.
- September 13, 2024
Tourism
Sri Lanka Business Visa Crisis Threatens Economic Recovery: JAAF Urges Immediate Action
The ongoing crisis in Sri Lanka’s business visa issuance is jeopardizing the nation’s economic recovery, as foreign buyers, suppliers, and technical experts struggle.
- September 10, 2024
Business
JAAF Urges Government to Address Business Visa Issues Promptly
The Joint Apparel Association Forum (JAAF) has called on the Sri Lankan government to urgently address the challenges surrounding the issuance of short-term.
- September 9, 2024