Industry Analysis

Gem and Jewellery Sector in Sri Lanka Faces Decline Amidst Stalled Reforms

The Sri Lanka Gem and Jewellery Association (SLGJA) has issued a renewed call for urgent reforms as the domestic industry grapples with a downturn driven by skyrocketing gold prices and persistent policy challenges hindering growth. Local jewellery sales have experienced a significant decline, while exporters are contending with a complex regulatory framework that has diminished

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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 country’s progress on key economic reforms and performance criteria. These reviews determine whether Sri Lanka can access the next tranche of funds from the IMF, critical for the country’s recovery. As Sri

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