Sri Lanka aims to transform its crisis-hit economy to prepare to resume debt repayments from 2028, President Anura Kumara Dissanayake said on Monday while announcing the budget which is seen as a ...

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 ...

Under its agreement with the IMF, Sri Lanka has to trim its budget deficit to 5.2% in 2025 from a target of 7.6% last year, increase public revenue, and post a primary surplus of 2.3% of GDP to ...

COLOMBO (Reuters) - 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 ...

Sri Lanka's economic outlook remains positive, but global trade policy uncertainties pose significant risks to macroeconomic ...

Sri Lanka's finance ministry said Monday that it will present next year's full budget in February after the parliament approved a 1.77-trillion-rupee ($9.39 billion) stopgap measure to cover ...

Sri Lanka's government has proposed an increase in spending on public servants and incentives to boost agriculture and fisheries in the new annual budget, which opposition lawmakers criticize as ...

COLOMBO (Reuters) -The crisis-hit Sri Lankan economy can turn around by the end of 2023 if budget policies, which are not limited to the International Monetary Fund's recommendations, are followed ...

Sri Lanka's cabinet said on Tuesday that it will cut its recurrent budget expenditure by 6% in 2023 as the country battles its worst financial crisis in seven decades and is seeking support from ...

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.

Under its agreement with the IMF, Sri Lanka has to trim its budget deficit to 5.2% in 2025 from a target of 7.6% last year, increase public revenue, and post a primary surplus of 2.3% of GDP to ...

COLOMBO, Sri Lanka (AP) — Sri Lanka's government on Tuesday proposed increases in spending on public servants and incentives to boost agriculture and fisheries in a new national budget, which ...