At a time when the Government is taking every effort to revitalise the bankrupt economy through painful structural reforms, fiscal consolidation ...

Marking a major step forward in ongoing external debt restructuring efforts, the Finance Ministry yesterday announced the ...

President Anura Kumara Dissanayake, delivering the keynote address at the international conference “Sri Lanka’s Road to Recovery: Debt and Governance” in ...

Sri Lanka and France have reached agreement on a debt stock of EUR 390 million until 2042, with a five-year grace period and ...

Prime Minister Dr. Harini Amarasuriya held a high-level meeting with Dr. Gita Gopinath, First Deputy Managing Director of the ...

A critical policy misstep by the administration of President Gotabaya Rajapaksa was the substantial reduction in tax rates in late 2019, which significantly eroded government revenue. This drastic ...

The flavour of the week in Colombo is indubitably NPP. While an NPP woman mayor may not be to everyone’s taste, no doubt ...

Across the globe, a considerable portion of the working classes is compelled to borrow at exorbitant rates to cover basic ...

A heated debate broke out in Parliament yesterday (17) as UNP MP Ravi Karunanayake criticised the government’s handling of ...

Sri Lanka’s rupee closed at 300.40/60 to the US dollar in the spot market Wednesday, stronger against Tuesday’s close of ...

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange slid 1.22 percent as the Israel-Iran war intensified, brokers said. “Market ...