By Sunil Abhayawardhana Though Sri Lanka has a new government, its first budget for 2025 remains within the conditions and ...

COLOMBO: Sri Lanka’s central bank keeps its benchmark ... The bank lowered the rate four times by a total of 650 basis points in 2023. The deposit rate was also held at 9%.

ruling out any short-term reduction in the monetary policy interest rate or efforts to raise funds from international markets in the next two years. Even though Sri Lanka has been facing deflation ...

Keep Going for a Full Recovery, Op-ed by IMF’s Peter Breuer and Martha Tesfaye Woldemichael, Originally published on The Morning, The Daily Mirror, and Ceylon Today ...

The International Monetary Fund (IMF) this week asserted that Sri Lanka’s path to economic recovery is ambitious, yet ...

PM Modi and Anura Dissanayake will inaugurate several India-assisted projects, including the NTPC Sampur Solar Project ...

Dollar backing for Sri Lanka rupees improved to 19.9 percent in February 2025, from 17.5 percent in January, as net foreign ...

With a single tusk that made him stand out, the majestic bull elephant Unicorn was a true king among the wild herds of ...