Policy and Regulation

New Government Denies Printing of New Currency Notes, Clarifies Fiscal Practices

Minister Vijitha Herath has clarified that the new government has not printed any currency notes or taken loans from foreign institutions. The statement.

  • October 30, 2024
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Politics

Political Risks to Sri Lanka’s Debt Restructuring Ease, Says Fitch Ratings

Fitch Ratings has noted that political risks to Sri Lanka’s debt restructuring process have reduced following the authorities’ endorsement of the IMF programme.

  • October 10, 2024
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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
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Economics

Sri Lanka’s Economic Recovery to Slow in 2H 2024; Projected Growth at 3.2%

Sri Lanka’s economic growth is anticipated to slow down in the second half of 2024, with a projected overall growth of 3.2%, according.

  • August 28, 2024
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Economics

Sri Lanka’s Budget Deficit Plummets by 52% in First Half of 2024 as Tax Revenues Surge

Sri Lanka’s budget deficit saw a significant reduction of 52% in the first half of 2024, dropping to 515.7 billion rupees. During the.

  • August 26, 2024
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Economics

Sri Lanka Bondholders Agree to 28% Haircut with GDP-Linked Gains

Sri Lanka and its sovereign bondholders have come to an agreement to exchange $14.43 billion in defaulted bonds and overdue interest for new.

  • July 4, 2024
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