#Economy
Trump reduces tariffs on Sri Lankan goods to 20%
U.S. President Donald Trump has signed an executive order reducing tariffs on Sri Lankan goods to 20%, down from the initially announced 44%...
IMF flags delays in bilateral agreements as threat to investor confidence
The International Monetary Fund (IMF) has informed Sri Lanka to expedite the finalisation of bilateral agreements with its remaining official and commercial creditors,...
Revenue gaps threaten Sri Lanka’s path to stability, IMF warns
An International Monetary Fund (IMF) mission led by Evan Papageorgiou, IMF Mission Chief for Sri Lanka, concluded a five-day visit to Colombo today,...
Sri Lanka’s GDP could fall by 1.5% from US tariffs – IMF
Sri Lanka’s GDP could decline by up to 1.5 percent if the United States reinstates a 44 percent tariff on Sri Lankan exports...
Sri Lanka’s exports rise 7.1% in first 5 months of 2025
Sri Lanka’s export sector is showing strong momentum in 2025, with total earnings reaching US$ 6.93 billion in the first five months of...
Public frustration mounts over cost of living: “Anura didn’t deliver on a single promise”
Public dissatisfaction is rising over President Anura Kumara Dissanayake’s failure to deliver on key election promises, particularly his pledge to reduce VAT and...
No real economic reforms underway in Sri Lanka, says Colombo Uni don
Sri Lanka is not undergoing any real economic reforms at present, but is instead merely following the conditions set out by the International...
World Bank projects Sri Lanka’s growth to slow to 3.5% in 2025
Sri Lanka’s economic recovery remains fragile, with growth projected to decelerate to 3.5 per cent in 2025, reflecting the lingering effects of the...
