Sri Lanka, budget

Sri Lanka's budget likely to lead to slower fiscal consolidation, Moody's says
Sri Lanka's budgeted expenditure for 2025 will likely lead to a wider fiscal deficit and slower-than-expected fiscal consolidation, Moody's Ratings said on Tuesday, a day after the island nation unveiled its budget.
Sri Lanka increases 2025 defence budget by 3%
Sri Lanka has announced a defence budget of LKR442 billion (USD1.5 billion) for 2025. According to budgetary documents published by the Sri Lankan government on
Sri Lanka sets aside $10M in budget for 2025 digital transformation strategy
The Sri Lanka Unique Identity Project (SL-UDI) will be a essential element of the country's digital transformation efforts.
Sri Lanka budget aims to transform economy, help repay debt, Dissanayake says
Sri Lanka aims to transform its crisis-hit economy to prepare to resume debt repayments from 2028, President Anura Kumara Dissanayake said on Monday as he unveiled a budget that is seen as a key step towards durable,
AKD’s maiden budget a bold reset for Sri Lanka
President Anura Kumara Dissanayake delivered his first budget speech in Parliament yesterday,outlining a financial roadmap that doubles as a manifesto for change. ..
Sri Lanka’s 2025 budget focuses on recovery
Sri Lanka’s economy is projected to grow by 5% in 2025, according to President Anura Dissanayake. He presented the country’s first full-year budget under the national people’s power government. This budget is a crucial step in Sri Lanka's post-crisis recovery,
Why is Sri Lanka's budget key to recovery from a severe financial crisis?
Sri Lanka's new President Anura Kumara Dissanayake will present his first budget on Monday to outline how the island nation plans to strengthen its recovery from a financial crisis.
Dissanayake Government Unveils First Budget For Sri Lanka After 2022 Financial Crisis, Economy Ready For 5% Growth In 2025 - Top Points
President Anura Kumara Dissanayake, while introducing the first full budget since taking office last year, said the Sri Lankan economy is expected to grow at 5 per cent in 2025. "Budget is a "reflection of the government’s approach to building the economy and overall policy,
Sri Lanka: Dissanayake urges Sri Lanka to move beyond cash-based economy
Colombo, Sri Lanka - Sri Lanka's President, Anura Kumara Dissanayake, said on Monday during the presentation of his first budget to Parliament that "it is necessary to gradually move away from a cash-based economy" and develop a digital economy.
Sri Lanka's new president presents first budget with focus on crisis recovery
Sri Lanka's new President Anura Kumara Dissanayake will outline the government's revenue and policy goals in his first full-year budget on Monday, seeking to extend the country's recovery from a financial crisis and signal its alignment with a $2.
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External debt: Sri Lanka’s ‘Enemy at the Gates’
A recent economic discussion program on a major television channel hosted a panel that included two economists, a representative of the SME sector and three Members of Parliament, one of whom is a ...
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Fitch Ratings optimistic on Sri Lanka’s Budget
The Sri Lankan government’s budget highlights the authorities’ commitment to raising fiscal revenues as a share of GDP - an ...
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The Policies of Sri Lanka’s New Government: a Historic Opportunity Lost
On the right, Anura Kumara Dissanayake, President of Sri Lanka. On the left, Dr. S. Jaishankar, India’s Minister of External ...
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Sri Lanka increases casino fees and taxes in 2025 budget in a bid to boost state revenue
The Sri Lankan government has introduced a series of fiscal measures in its 2025 budget, including higher levies on casinos.
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Govt’s objective is to position Sri Lanka as competitive nation on global stage – President
President Anura Kumara Dissanayake stated that the government’s aspiration is to elevate Sri Lanka, currently not a ...
India and Sri Lanka agree to jointly set up solar power plants in Trincomalee
President Anura Kumara Dissanayake, in his budget presentation in parliament, sais the government had received offers to ...
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This year’s budget was formulated to augment state revenues within limited fiscal space – SASA
The Sri Lanka Administrative Service Association (SASA) has expressed its appreciation for the 2025 budget, highlighting its development-focused approach and its alignment with efforts to strengthen ...