Sri Lanka has extended a food tax on potatoes to around 60,000 rupees a tonne (about 205 us dollars) but slashed a tax onion ...

Sri Lanka is consolidating its status as a nation embracing sustainable and inclusive growth. Production growth and ensuring ...

Since then, a $2.9 billion bailout loan from the International Monetary Fund, tax hikes and other austerity measures have ...

Sri Lanka was once a pioneer of free-market capitalism in South Asia. After J.R. Jayewardene took power with a super-majority ...

The Export Development Board (EDB) is pushing for strengthened trade relations with India, its third-largest export ...

Sri Lanka experienced a historic deflation of 2.1% in November, marking the highest rate of price decline since 1961, as per ...

Sri Lanka's inflation fell 2.1 percent in the 12-months to November 2024, while the index fell back to September 2022 levels, ...

Sri Lanka’s central bank set its new single benchmark interest rate at 8% to bolster the economy’s recovery from the worst ...

Moody's has placed Sri Lanka's Ca long-term foreign currency rating on review for an upgrade, the credit ratings agency said ...

The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned ...

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri ...