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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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    World Economy Teeters on Recessionary Edge amid Rising Trade Tensions and Financial Uncertainty, UNCTAD Warns

    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.
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    Bangladesh: Commission Pushes Sweeping Legal Reforms to Eliminate Gender Disparities

    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.

    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    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.

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    World Economy Teeters on Recessionary Edge amid Rising Trade Tensions and Financial Uncertainty, UNCTAD Warns

    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.

    Bangladesh: Commission Pushes Sweeping Legal Reforms to Eliminate Gender Disparities

    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.