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34 Articles
Opinion

Sri Lanka’s economic reform program is delivering: Keep going for a full recovery

By Peter Breuer and Martha Tesfaye Woldemichael This March marks the mid-point of Sri Lanka’s four-year economic reform program supported by the International...

Opinion

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...

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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...

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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...

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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...

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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...

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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....