#Economy
Govt has borrowed Rs. 5,000 billion in five months – Gammanpila
The current government has accumulated a staggering Rs. 5,156 billion in debt within just five months of coming to power, according to the...
IMF’s call to introduce property taxes a major boost to bring revenue for state coffers
The International Monetary Fund’s (IMF) proposal to introduce property taxes in Sri Lanka as part of its broader efforts to enhance tax revenue...
IMF MD congratulates Prez AKD on economic progress
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has congratulated Sri Lankan President Anura Kumara Dissanayake on the country’s remarkable...
IMF warns Sri Lanka over electricity tariff reduction
The International Monetary Fund (IMF) has expressed concerns over Sri Lanka’s recent decision to reduce electricity tariffs by 20%, effective January 17, 2025....
Samarasinghe highlights record salary increase after taking over ‘bankrupt nation’
Minister of Trade, Commerce, Food Security, and Cooperative Development, Wasantha Samarasinghe, announced in Parliament on Tuesday (04) that his government, which took over...
IMF says Sri Lanka can raise revenue by Rs 900 billion
The International Monetary Fund (IMF) has informed the Sri Lankan government that it could raise the tax revenue target by more than Rs...
Sri Lanka’s 2025 budget: Balancing fiscal discipline and economic growth
Sri Lanka’s 2025 budget, presented by President Anura Kumara Dissanayake, lays out an ambitious roadmap for economic recovery following the financial crisis of...
Govt rejects claims on tax reduction
The government has refuted claims on social media which indicated it has proposed tax reductions in the 2025 budget. Speaking in Parliament during...
