Tag:Sri Lanka economy

As the World Bank has highlighted, maintaining upper-middle status requires not just recovery momentum but deep structural reforms to drive sustainable, inclusive growth.

Without coordinated intervention, the ripple effects of the Middle East crisis could entrench hunger for years, reversing hard-won development gains.

If Sri Lanka is to prevent a permanent underclass from forming in the wake of the 2022 crisis, economists argue that the focus must shift aggressively from mere stabilization to equitable growth.

As the June 12 deadline approaches, the ministry will likely receive a wide array of ideas. The challenge will be synthesizing them into a coherent, actionable medium- to long-term strategy that delivers the 20 per cent target without compromising growth or equity.

With extensive 4G mobile coverage reaching a vast majority of the island, Sri Lanka is reasonably positioned.

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

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...