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Cabinet approves international sovereign bond restructuring
Sri Lanka’s Cabinet approved the restructuring of $14.2 billion in international sovereign bonds by swapping existing bonds for new ones, aligned with the IMF's debt sustainability analysis, following agreemen...
2024-11-27
The Morning
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ஆக தேர்வு செய்க
National consumer prices soften in March
Consumer prices in Sri Lanka, as measured by the National Consumer Price Index (NCPI), exhibited a softening trend in March. While the broader index showed a 2.5 percent increase from a year earlier, down from 5.1 percent in February, monthl...
2024-04-23
Daily Mirror
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Iran President to open Sri Lanka $514mn irrigation, hydro power project
Uma Oya, led by Iran's FARAB engineering, combines irrigation, hydropower, and water supply, benefiting Sri Lanka's Moneragala district. It boasts 120MW hydroelectric capacity, gen...
2024-04-23
Economy Next
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IMF official: Sri Lanka’s road ahead is challenging, critical to keep up with reform momentum
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), emphasized the importance of maintaining reform momentum for Sri Lanka's economic future during discussions held on the sidelines of the IMF/Worl...
2024-04-22
Economy Next
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Market lending rate falls to two-year low as economy readies to take off
Last week, the average prime lending rate, a key indicator influencing various loan rates from small businesses to mortgages, reached a two-year low at 10.41 percent, marking a significant drop from its peak of 29.67 percent in November 2022...
2024-04-22
Daily Mirror
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