#Economy
US trade war carries risks for many APAC sovereign ratings, including Sri Lanka – Fitch
Increases in US tariffs will weigh on the credit metrics of many sovereigns in the Asia-Pacific (APAC) and risks will rise if higher...
Sri Lanka’s reform delays could spark crisis by year-end, warns UNP
United National Party (UNP) Chairman Wajira Abeywardena has warned that Sri Lanka will face severe economic and political repercussions by December 2025 due...
Trump’s tariffs could intensify Sri Lanka’s debt crisis
By Shiran Illanperuma On Thursday, April 3, Sri Lankans woke up to the alarming news that the United States, the country’s single largest...
Mahinda Siriwardana’s book on Sri Lanka’s economic revival presented to President
The book “Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery”, authored by Secretary to the Ministry of Finance,...
NPP claims credit for Ranil’s work
Deputy Minister Nalin Hewage made a bold statement at a National People’s Power (NPP) rally held at the Samanala Stadium in Galle, claiming...
SC declines to rule on constitutionality of VAT Amendment Bill
The Supreme Court has informed Parliament that it has refrained from making a determination on the constitutionality of the Value Added Tax (Amendment)...
Sri Lanka’s central bank holds rate to support economic recovery
Sri Lanka’s central bank kept its key policy rate unchanged for a second consecutive meeting on Wednesday to underpin the island nation’s economic...
Vehicle import taxes to remain unchanged this year
Senior Economic Advisor to the President, Duminda Hulangamuwa, announced that there will be no revision of vehicle import taxes this year. He noted...
