By Uditha Jayasinghe COLOMBO (Reuters) -Distress is in store for Sri Lanka's garments sector if the island nation is unable ...

Sri Lanka has the right balance of monetary policy at the moment, and domestic inflation is expected to turn positive around ...

Sri Lanka's economic outlook remains positive, but global trade policy uncertainties pose significant risks to macroeconomic ...

The IMF Executive Board completed the Fourth Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US$350 million) to ...

With Sri Lanka’s new 18 percent Value Added Tax (VAT) on foreign digital services now a settled policy taking effect this ...

The Director General of the Department of Fiscal Policy, Kapila Senanayake, stated that the International Monetary Fund (IMF) ...

The International Monetary Fund has advised Sri Lanka of strict compliance for restoring fiscal sustainability and said the ...

In my article “Is Sri Lanka’s recovery sustainable?” published in the Daily FT on 18 January 2024, I argued that Sri Lanka’s ...

Sri Lanka’s economic outlook remains positive, however, global trade policy uncertainties pose significant risks to the ...

IMF approves $2.9 billion bailout for Sri Lanka, helping restore economic stability amid crisis and debt restructuring.

Despite a positive economic outlook, the IMF warns of increased risks in Sri Lanka. The country's progress under the bailout ...