Sri Lanka’s economy is expected to grow by 1.7% in 2024 after contracting by 3.8% in 2023, says the World Bank in its twice-a-year update, while signaling that the outlook is clouded with uncertainty ...

Sri Lanka needs to consider different types of business arrangements for its digital ecosystem, other than in ...

Sri Lanka must meet strict targets set by the IMF under a $2.9 billion bailout, part of which has already been allocated and helped drive a slow recovery in an economy set to contract 2% this year.

The International Monetary Fund is concerned about a shortfall in revenue collection by Sri Lanka's government this year, though that is unlikely to derail a $2.9 billion loan programme for the ...

Sri Lanka’s fiscal performance in the first five months of 2025 has shown signs of improvement, with the overall budget deficit narrowing and a reduction in net domestic financing, according to the ...

Sri Lanka’s economy was valued at $85.2 billion in 2021, holding steady from previous years in spite of the effects of the COVID-19 pandemic on tourism, one of its biggest contributors to earnings.

The Central Bank of Sri Lanka reported that earnings from tourism soared to over $1.5 billion in the first half of 2024, marking a 78% increase year-on-year. Tourist arrivals hit 1.01 million, up ...

Sri Lanka's 2024 budget sets ambitious revenue, deficit targets By Uditha Jayasinghe November 13, 20232:54 AM PSTUpdated November 13, 2023 ...