Sri Lanka has breached a structural benchmark in the International Monetary Fund program after a 20 percent electricity ...

Sri Lanka's fragile economic recovery could be hampered by threatened trade union strikes over reduced benefits for government employees in this year's budget, the International Monetary Fund warned ...

ECONOMYNEXT – Sri Lanka can restructure its state-owned enterprises (SOEs) without privatizing, but they should not be a ...

Sri Lanka should avoid tax exemptions and focus on passing a national budget that is in line with parameters set by the ...

All the hard adjustments took place in the previous two years. It will be much easier going forward," Breuer stated.

The International Monetary Fund (IMF) advises Sri Lanka to focus on tax compliance and pass a budget aligned with the IMF's parameters to secure continued support. This guidance comes as Sri Lanka ...

Disenchanted with Dissanayake’s ruthless implementation of IMF demands, the working class is now starting to come into ...

Senior Mission Chief for Sri Lanka Peter Breuer commended Sri Lanka’s economic recovery in the recent years, and stated that ...

Sri Lanka should avoid tax exemptions and focus on passing a national budget that is in line with parameters set by the ...

The Ceylon Chamber of Commerce congratulates the Government on successfully completing the third review under the IMF ...

The Executive Board of the International Monetary Fund (IMF) has decided to approve another tranche for Sri Lanka under the Extended Fund Facility (EFF).They met yesterday (28). A tranche of US$ 344 ...

The IMF Executive Board completed the Third Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US $334 million) to ...