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Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
Featured Insight
Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
Featured Insight
Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
Featured Insight
Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
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Sri Lanka’s debt negotiations stall over GDP growth projections and repayment terms – Nishan de Mel
In a recent televised interview, Nishan de Mel, the Executive Director of Verité Research, highlighted the significant concerns raised by holders of Sri Lanka’s International Sovereign Bonds (ISBs) regarding the country's de...
2024-04-20
The Island
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Eyeing Green Bonds, Sri Lanka State FinMin takes part at WB Biodiversity Financing forum
Sri Lanka, amidst its economic recovery efforts, is exploring innovative avenues for financing its green initiatives. State Finance Minister Shehan Semasinghe participated in the World Bank's Bio-Diversity Financing Forum, signaling the...
2024-04-17
Economy Next
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Recovery at stake as deal with bondholders delays: Economists
Economists warn that Sri Lanka's failure to reach a restructuring agreement with its bondholders by the set deadline could severely hinder the nation's recovery efforts. With over US$12 billion in outstanding bonds and accumulating arrears, delays in finalizin...
2024-04-17
Daily Mirror
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DEBT RESTRUCTURING: SL could still face foreign debt stock above 70% of GDP
The Asian Development Bank (ADB) has warned that even after completing debt restructuring, Sri Lanka may still face external debt exceeding 70% of its GDP unless it implements debt management laws. The bank's April Development Report und...
2024-04-16
The Morning
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Prioritise building inclusive social protection system: ADB tells Sri Lanka
The Asian Development Bank (ADB) underscores the immediate need for Sri Lanka to establish institutional frameworks for an inclusive social protection system, vital for economic recovery. Fragmented past programs have resulted in low coverag...
2024-04-16
Daily Mirror
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