#Economy
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...
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....
