#Economy
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...
Appropriate mechanism is ready to obtain loans – Deputy Finance Minister
A mechanism suited for the country to obtain credit is now ready, said Deputy Finance Minister Harshana Suriyapperuma. Joining the budget debate in...
Former President Wickremesinghe calls for US $1 trillion-dollar economy
Former President Ranil Wickremesinghe has called on Sri Lanka to adopt an ambitious target of achieving a US $1 trillion-dollar economy by 2055....
Sri Lanka goes on without any development aim – Economics don
Sri Lanka is the only aimless country among the developing nations, with the present regime also unlikely to present a budget under a...
Will NPP continue Sri Lanka’s path of Economic Suicide?
By Sunil Abhayawardhana Though Sri Lanka has a new government, its first budget for 2025 remains within the conditions and targets of the...
Sri Lankan government expedites privatisation of SOEs, axing thousands of jobs
By W.A. Sunil In line with International Monetary Fund dictates, the Janatha Vimukthi Peramuna/National People’s Power (JVP/NPP) government has decided to establish a...
Sri Lanka economic growth picks up as IMF aid keeps flowing
Sri Lanka’s economy grew faster than expected last quarter, indicating strong domestic activity backed by the International Monetary Fund’s aid. Gross domestic product...
Sri Lanka: IMF demands sacrifice, warns of “potential labour unrest”
By Wasantha Rupasinghe Addressing a March 4 press conference, International Monetary Fund (IMF) senior mission chief for Sri Lanka Peter Breuer raised concerns...
