Sri Lanka’s budget likely to lead to slower fiscal consolidation, says Moody’s
COLOMBO (Reuters/AFP) – Sri Lanka’s budgeted expenditure for 2025 will likely lead to a wider fiscal deficit and slower-than-expected fiscalContinue Reading
Tag: Economy
Sri Lanka’s New President Presents First Budget With Focus on Crisis Recovery
COLOMBO (Reuters) – Sri Lanka’s new President Anura Kumara Dissanayake will outline the government’s revenue and policy goals in hisContinue Reading
Sri Lanka scrambles to restore power after monkey causes islandwide outage
COLOMBO (Reuters) – Sri Lanka extended power cuts for a third day on Thursday as it scrambled to restore itsContinue Reading
Debt-stricken Sri Lanka marks independence day as new president pledges to rebuild the country
COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka marked its 77th independence anniversary on Tuesday with a military parade, while the country’sContinue Reading
Sri Lanka says talks on with Adani Group to lower wind power purchase cost
COLOMBO, Jan 28 (Reuters) – The Sri Lankan government has started talks with India’s Adani Group to lower the costContinue Reading
Sri Lanka Ex-president’s Son Issued Travel Ban In Corruption Case
(AFP)-The son of Sri Lanka’s former president Mahinda Rajapaksa was banned Monday from leaving the island nation following his arrestContinue Reading
Sri Lanka orders former leaders to move out of govt residences
COLOMBO(AFP)- Sri Lanka’s leftist government asked former presidents, including the once-powerful Rajapaksa brothers, on Tuesday to immediately vacate luxury government bungalows asContinue Reading
Sri Lanka agrees with China’s Sinopec to fast-track $3.7 billion refinery
COLOMBO (Reuters) -Sri Lanka’s foreign minister said on Wednesday that the South Asian island nation had signed an agreement withContinue Reading
The leader of Sri Lanka navigates the China-India rivalry on a visit to Beijing
BEIJING (AP) — Sri Lanka and China signed a series of cooperation agreements on Wednesday following talks between their leaders,Continue Reading
Sri Lanka Central bank to focus on stronger crisis recovery in 2025
COLOMBO (Reuters) – Sri Lanka will focus on stronger recovery this year after the island nation posted real GDP growthContinue Reading
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