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Sri Lanka met 25% of IMF commitments and failed 1 by March
Sri Lanka had met 25% of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of March 2023 but had failed on one, according to 'The IMF Tracker', a new online tool launched by Verité Research
Featured Insight
Sri Lanka met 25% of IMF commitments and failed 1 by March
Sri Lanka had met 25% of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of March 2023 but had failed on one, according to 'The IMF Tracker', a new online tool launched by Verité Research
Featured Insight
Sri Lanka met 25% of IMF commitments and failed 1 by March
Sri Lanka had met 25% of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of March 2023 but had failed on one, according to 'The IMF Tracker', a new online tool launched by Verité Research
Featured Insight
Sri Lanka met 25% of IMF commitments and failed 1 by March
Sri Lanka had met 25% of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of March 2023 but had failed on one, according to 'The IMF Tracker', a new online tool launched by Verité Research
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Cabinet nod to increase national minimum wage to Rs. 17,500
The Cabinet of Ministers in Sri Lanka has approved a proposal to increase the national minimum wage by Rs. 5,000. As a result, the minimum wage will rise from Rs. 12,500 to Rs. 17,500. This decision comes following a recommendation from a te...
2024-03-27
Daily Mirror
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Budget 2024: Pragmatic Implementation & Timely Execution Will be Key, says CCC
The Ceylon Chamber of Commerce views the 2024 Budget as a critical continuation of macroeconomic stabilization efforts initiated in late 2022 to address Sri Lanka's economic challenges. Acknowledging past macroeconomic mismanagement, the...
2023-11-14
LBO
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Sri Lanka’s 2024 budget to see new welfare, revenue goals amid political concerns
Sri Lanka's 2024 budget, set for presentation, emphasizes crucial IMF deficit targets for economic recovery. President Wickremesinghe faces a balancing act, tethered between IMF obligations and public sentiment. Meeting the 13.3% GDP rev...
2023-11-13
Economy Next
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Sri Lanka's budget will strive to return economy to growth, meet IMF targets
Sri Lanka's upcoming 2024 budget announcement faces a delicate balancing act. The government aims to sustain an IMF-led bailout by increasing revenue through tax raises while steering the crisis-stricken economy towards growth. President...
2023-11-13
Reuters
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Rs. 700 b tourism debt bomb ticking
The Sri Lankan tourism industry is facing a dire situation with an outstanding debt of Rs. 700 billion, described by analysts as 'unsustainable' and in need of urgent attention from the Government and the banking sector. During a pre...
2023-11-13
Daily Ft
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