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    Tag:Sri Lanka economic crisis

    Sri Lanka: President Dissanayake Seeks World Bank Help

    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.

    Strengthening Bonds: India and Sri Lanka Chart a New Path for Partnership

    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.

    Sri Lanka President Unveils Economic Development Manifesto

    “We are on a pathway to recovery from the chaos of 2022, only I have a plan for the next five years of our journey,” Wickremesinghe said

    Sri Lanka’s State-Owned Enterprises a Drain on Economy: Think Tank

    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...

    Sri Lanka: Parliament Speaker Visits China: Discusses Deepening Sri Lanka-China Cooperation

    Recent diplomatic discussions between the two countries saw a temporary halt in Chinese research vessels visiting Sri Lanka for research purposes, following objections from...

    Sri Lanka’s Economy Shows Signs of Stabilization; but Poverty to Remain Elevated: World Bank

    Poverty rates continued to rise for the fourth year in a row, with an estimated 25.9 per cent of Sri Lankans living below the...

    Sri Lanka: Economic Reform Act on the Anvil

    “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...

    Adrift at Sea for 28 Days, Struggles Continue for Sri Lankan Migrants

    Sri Lankan migrants who paid their life savings to people traffickers for perilous and unsuccessful sea crossings in an attempt to find a better...

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    War, huh, Yeah, What is it Good For?

    One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
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    World Bank Unveils $1 Billion Package to Spur Jobs and Private Sector Growth in Sri Lanka

    Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.

    UN Secretary-General Urges Military restraint from India, Pakistan

    He offered his good offices to both governments to help defuse tensions and promote diplomacy, stressing that “a military solution is no solution.”

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    War, huh, Yeah, What is it Good For?

    One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.

    World Bank Unveils $1 Billion Package to Spur Jobs and Private Sector Growth in Sri Lanka

    Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.