Economics

World Bank Projects 4.4% Growth for Sri Lanka in 2024

Sri Lanka’s economy is on the path to recovery, with the World Bank projecting a growth rate of 4.4% for 2024, surpassing previous.

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Economics

World Bank Signs $200 Million Deal to Support Sri Lanka’s Economic Reforms

The World Bank and the Government of Sri Lanka signed the Second Resilience, Stability, and Economic Turnaround (RESET) Development Policy Operation (DPO) yesterday,.

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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.

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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..

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Economics

CBSL Projects Near 4% Economic Growth for SL in 2024

Sri Lanka is poised to achieve close to 4% economic growth by the end of 2024, continuing its positive momentum, according to Central.

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Economics

135,000 Aswesuma Beneficiaries Miss Payments Due to Lack of Bank Accounts

More than 135,000 beneficiaries of Sri Lanka’s Aswesuma poverty alleviation program cannot receive their monthly payments due to not having bank accounts, a.

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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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