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.
Economics
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
Finance
NSB Reports Rs. 15 Billion PBT for 1H 2024, Surpassing Previous Year’s PAT
The National Savings Bank (NSB) has reported an impressive profit-before-tax (PBT) of Rs. 15 billion for the first half of 2024, surpassing the.
- August 28, 2024
Tourism
Sri Lanka’s Tourism Income Surges to US$ 328 Million in July, Matching IMF Tranche
Sri Lanka’s tourism sector generated an impressive income of US$ 328.3 million in July 2024, a figure almost matching the country’s half-yearly tranche.
- August 26, 2024
Tourism
Sri Lanka to Offer Visa-Free Entry to Tourists from 35 Countries Starting October 1
Sri Lanka has announced a new visa-free entry policy for tourists from 35 countries, effective October 1, 2024. This initiative is part of.
- August 22, 2024