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Sri Lanka

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

Sri Lanka to introduce property taxes next year

President Anura Kumara Dissanayake said that the government was able to negotiate and postpone several previously agreed polices on taxation, following successful negotiations...

Opinion

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...

Sri Lanka

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...

Sri Lanka

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...

Sri Lanka

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....

Sri Lanka

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

Lalkantha says IMF wants to curtail public sector workforce

The International Monetary Fund (IMF) has intimated that the government should look at reducing the bloated public sector, Minister of Agriculture, Livestock, Lands...