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.
Economics
Economics
Sri Lanka’s 2024 BOP Surplus Lags Behind 2023 Amid Ongoing Economic Policies
Sri Lanka’s balance of payments (BOP) remains in surplus in 2024, but it trails slightly behind the figures from 2023, according to official.
- August 9, 2024
Economics
Sri Lanka Central Bank Absorbs Rs. 546 B from Forex Purchases to June 2024
Sri Lanka’s central bank has absorbed Rs. 546 billion of domestic money out of the Rs. 578.5 billion created from foreign exchange purchases.
- August 5, 2024
Economics
ADB Praises Sri Lanka’s Macroeconomic Progress
The Asian Development Bank (ADB) has expressed confidence in Sri Lanka’s macroeconomic indicators, with Country Director Takafumi Kadono noting positive developments during a.
- August 2, 2024