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    Tag:Sri Lanka economy

    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.

    Sri Lanka Seeks BRICS Membership and New Development Bank Access

    Sri Lanka’s potential membership in BRICS and the NDB aligns with its broader strategy of integrating into global trade frameworks. The country has been...

    Sri Lanka Set to Announce Successful Completion of Debt Restructuring Programme

    With the global economic landscape evolving rapidly, the island nation's ability to manage its debt and implement effective economic policies will be closely watched...

    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...

    Lankans Suspend Repayment of Foreign Debts

    In a sudden, though not unexpected development, Sri Lanka today announced the suspension of the island nation’s debt repayments. Sri Lanka’s Treasury Secretary Mahinda Siriwardena...

    Few Dare to Steer Sri Lanka’s Rudderless Economic Ship

    Two Sri Lankan finance ministers have resigned in the space of two days. The governor of the country’s central bank had also resigned on...

    In Sri Lanka, Rajapaksas on the Ropes

    With the economy in freefall and basics such as food and fuel in dangerously short supply, there is mounting public anger against a failing...

    Diplomats Voice Concern as Sri Lanka Imposes Emergency to Scuttle Protests

    Given the disturbing human rights track record of the Sri Lankan government, especially under the Rajapaksa family, there is concern among those watching the...

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    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.
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    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.

    Government Extends Interest Relief for Farmers, Reinforces KCC and MISS as Pillars of Agricultural Credit

    Through the KCC framework, farmers benefit from revolving credit facilities for up to five years. This flexible structure allows them to draw and repay funds as per their seasonal requirements without having to reapply for loans each season.

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    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.