Left-leaning Governments, especially but not only in the global South, which feel compelled to adopt severe IMF stabilisation and debt repayment packages, tend to compensate in the field of foreign ...

Rising tensions in the Middle East are threatening Sri Lanka’s fragile post-crisis recovery. As global oil prices climb and ...

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 ...

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

How Financial Strategy Can Turn Sri Lanka from a Perpetual Borrower into an Economic Fortress—and End Its Exclusion from the ...

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

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

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 ...

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

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