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IMF calls on government to increase social spending
The IMF urged Sri Lanka to enhance social spending and ensure inclusive economic growth while maintaining fiscal discipline and meeting reform targets under its Extended Fund Facility. ...
2024-11-25
Daily News
மேலும் வாசிக்க
ஆக தேர்வு செய்க
$ 100 m ADB loan for power sector reforms
The Cabinet approved a $100 million ADB loan to support reforms in the Ceylon Electricity Board and Ceylon Electricity Company, as part of a $300 million program to overhaul Sri Lanka's power sector.  ...
2024-07-03
Daily FT
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$ 5 b potential savings due to int. payment reduction
Sri Lanka will save $5 billion through reduced interest payments on restructured bilateral debt, with an extended repayment period of 8 years, starting in 2028 and ending in 2043.
2024-07-03
The Morning
மேலும் வாசிக்க
Reforms and rupee rise ramp up SOE profits
Sri Lanka's State-Owned Enterprises (SOEs) have reported a significant improvement in financial performance in the first four months of 2024 due to the appreciation of the rupee and comprehensive reforms, including cost...
2024-07-03
Daily Mirror
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No immediate impact on nominal debt stock via restructuring: Finance Min.
Sri Lanka's Ministry of Finance explained that debt relief measures like maturity extensions and interest rate reductions help reduce future budget deficits and improve the debt-to-GDP ratio. This is key to achieving debt...
2024-07-01
Daily Mirror
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