Sri Lanka's recent economic performance has shown resilience, but challenges persist. The World Bank cautioned that macroeconomic stability is contingent on the consistent implementation of fiscal, financial, and monetary policies.
President Dissanayake’s first official foreign trip since taking office in September 2024, underscored his commitment to deepening ties with India, especially as Sri Lanka seeks to rebuild after its economic crisis in 2022.
The IMF’s Governance Diagnostic Assessment identifies state-owned enterprises as high-risk for corruption, with weak management, inadequate oversight, manipulated procurement processes, political interference, and a...
Recent diplomatic discussions between the two countries saw a temporary halt in Chinese research vessels visiting Sri Lanka for research purposes, following objections from...
“There’s a commonly held belief that taxes should be collected from the people gently, akin to plucking flowers without crushing them. However, criticism is...
The report stresses that as the world stares down the possibility of a widespread recession, the urgency for cohesive, multilateral solutions has never been greater.
The commission called for enforcement of the existing rule mandating 33 per cent women’s representation in political parties under the Representation of the People Order. It also proposed institutional reforms within parties to address corruption and create enabling environments for women.
Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.
The report stresses that as the world stares down the possibility of a widespread recession, the urgency for cohesive, multilateral solutions has never been greater.
The commission called for enforcement of the existing rule mandating 33 per cent women’s representation in political parties under the Representation of the People Order. It also proposed institutional reforms within parties to address corruption and create enabling environments for women.