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Sri Lanka annual GDP growth projected to be around 4.5% – 5 % in 2024
Sri Lanka's 2024 economic outlook shows 4.5%-5% GDP growth, rising inflation, stabilized interest rates boosting private sector credit, and strengthened external resilience through tourism earnings, remittances, and...
2024-11-28
Daily News
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Sri Lanka SOE policy to see over 80 firms shifted to holding company
Sri Lanka intends to merge over 80 state firms into a holding company (HoldCo) to improve governance, raise cash, and maintain or facilitate eventual divestment of state ownership. These firms are now overseen by the Secretary to the Treasur...
2023-10-05
Economy Next
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Fuel prices rise
Fuel prices in Sri Lanka have seen a significant increase, with State-run Ceylon Petroleum Corporation (CEYPETCO) and Lanka IOC raising the price of Octane 92 Petrol by Rs. 4 to Rs. 365 per litre, 95 Octane Petrol by Rs. 3 to Rs. 420, Auto D...
2023-10-02
Daily Ft
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IMF warns Sri Lanka on slowing reserve collections, money printing
The International Monetary Fund (IMF) has warned Sri Lanka about a slowdown in the accumulation of foreign reserves, highlighting the significance of strengthening external buffers. In May 2023, Sri Lanka began printing money to promote busi...
2023-10-02
Economy Next
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Sri Lanka’s Governance Diagnostic Assessment: Executive Summary
The International Monetary Fund last week released the first ever Governance Diagnostic Assessment on Sri Lanka as part of its technical assistance initiative.
2023-10-02
Daily FT
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