Colombo: Sri Lanka’s President Ranil Wickremesinghe on Sunday urged … who also holds the portfolio of minister of finance. “By the end of 2023, our debt was USD 83 billion over and above our GDP. We …
Sri Lankan government to entrench IMF austerity in legislation
The Economic Transformation Bill (ETB) was presented to the Sri Lankan parliament on May 22 by President Ranil Wickremesinghe in his capacity as the minister for finance … including Investment Zones …
Sri Lanka shares end lower, dragged by real estate and consumer staples
BENGALURU: Sri Lankan shares closed lower on Monday, dragged by losses in real estate and consumer staple stocks. The CSE All Share index settled down 0.46% at 12,050.44. It has fallen in 11 out of …
15 killed, 19,000 trapped as heavy rains batter Sri Lanka, schools shut for today
Image Source : REUTERS Villagers walk through a flooded road in Biyagama, Sri Lanka. Colombo … killing hundreds of people and destroying property and crops. The UN food agency has warned that many …
10 dead and 5 still missing due to bad weather in Sri Lanka
The Disaster Management Centre has reported that at least 10 persons have died due to the prevailing adverse weather conditions across the island …
When IMF targets become Sri Lankan law
Even as Sri Lanka prepares for elections, laws are being rushed through a parliament without legitimacy. Among those many…. ..
When IMF targets become Sri Lankan law
Even as Sri Lanka prepares for elections, laws are being rushed through a parliament without legitimacy. Among those many…. ..
Sri Lankan High Commissioner invites King Charles III to visit Sri Lanka
London, June 2 (Daily Mirror) – Sri Lanka’s High Commissioner to the United Kingdom, Rohitha Bogollagama, extended an invitation to King Charles III to visit Sri Lanka, while presenting his Letter of …
Sri Lanka Seeks Debt Moratorium Until 2042
Sri Lanka has sought a debt moratorium until 2042, President Ranil Wickremesinghe said. He said that Sri Lanka has already obtained a mora …
Sri Lanka re-launches ‘Investor Visa’ Program to spur property investment
This significant change is expected to encourage more investors to contribute to Sri Lanka’s economic growth and provide a much-needed boost to the construction and property development industry.