Economics

Sri Lanka’s Private Sector Credit Grows by Rs.146 B

Sri Lanka’s credit to the private sector has expanded by Rs. 146 billion in the first half of 2024, with a notable increase.

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Economics

Sri Lanka Central Bank Cuts Interest Rates to Boost Economy

The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on July 23, 2024, decided to reduce the.

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Economics

Sri Lanka’s Net Debt Decreases in 2023 Despite Borrowing for Budget

Sri Lanka’s central government net debt decreased to 36.3 billion USD in 2023, down from 37.5 billion USD in 2022, despite borrowing 1.57.

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Economics

IMF Warns of Global Growth Risks Amidst Elevated Inflation

IMF Cautions on Global Growth Threats from Persistent Inflation The International Monetary Fund (IMF) has issued a warning that global growth is at.

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Markets

Sri Lanka’s Central Bank Sells $57 Million in Forex Markets in June

In June 2024, Sri Lanka’s central bank was a net seller in the foreign exchange market, selling $57 million to banks without purchasing.

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