#Economy
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...
Sri Lanka’s trade balance: Vehicle imports drive 29% surge in April trade deficit
Sri Lanka’s trade deficit has widened to USD 717.5 million in April 2025, marking a notable year-on-year increase from USD 557.7 million recorded...
India overtakes Japan to become world’s 4th largest economy
India has overtaken Japan to become the world’s fourth-largest economy and is now poised to surpass Germany to claim the third position within...
CBSL reduces Overnight Policy Rate to 7.75%
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to reduce the Overnight Policy Rate (OPR) by 25...
More than half of all Sri Lankans trapped in debt
A newly released report by the Department of Census and Statistics has revealed a grim portrait of Sri Lanka’s economic landscape, with more...
Sri Lanka struggles to retain foreign investment in bond market
Foreign investors sold Rs. 1.38 billion ($4.6 million) worth of Sri Lankan government securities during the week ending May 15, reversing a two-week...
