Sri Lanka
Sri Lanka faces uphill battle on revenue as poverty stays above 20%
Sri Lanka may struggle to meet its 2026 revenue targets due to limited new tax measures, rigid recurrent spending, and a fragile post-crisis...
Taxpayers to bear the cost of billions in defaulted SOE loans?
The government will settle loans guaranteed for state-owned enterprises (SOEs) that have defaulted on borrowings from state banks, according to the 2026 Budget...
Public pressure in Thailand prompts diplomatic visit to check on elephants in Sri Lanka
Thailand’s Deputy Prime Minister and Minister of Natural Resources and Environment, Suchart Chomklin, will arrive in Colombo on 28 November for high-level talks...
Matale MP says all budget allocations are for projects initiated by ‘Good Governance’ administration
Samagi Jana Balawegaya (SJB) MP Rohini Kaviratne says that all budget allocations for the Matale district are continuations of projects launched during the...
2026 Budget fails doctors while public health services face critical shortages, says GMOA
The Government Medical Officers’ Association (GMOA) has raised serious concerns over the state of Sri Lanka’s free public healthcare system, warning that it...
Military children’s fee concession axed at Kotelawala Defence Academy
The sudden withdrawal of the 50% course fee concession for children of military personnel at the Kotelawala Defence Academy has triggered a wave...
Fitch Ratings says reduction in Govt spending could weaken Sri Lanka’s growth potential
Shortfalls in implementing planned investment spending could weaken Sri Lankan economy’s growth potential, making longer-term fiscal consolidation more challenging, Fitch Ratings said. Fitch...
Taxpayers foot the bill as estate owners pocket profits
Professor Priyanga Dunusinghe of the University of Colombo’s Department of Economics says that the government’s proposal to provide estate workers with a daily...
