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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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ஆக தேர்வு செய்க
World Bank raises Sri Lanka's growth forecast to 2.2% for 2024
The World Bank has revised its forecast for Sri Lanka's economy, now projecting a growth of 2.2% for 2024, a significant improvement from the nation's worst financial crisis in decades. With a $2.9 billion IMF bailout in 2023, Sri La...
2024-04-02
Reuters
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Indo-Sri Lanka bilateral projects undergo progress review
In a recent diplomatic development, India and Sri Lanka engaged in high-level discussions to review their bilateral economic connectivity, demonstrating a shared commitment to enhancing cooperation. Led by Senior Advisor to the President on...
2024-04-01
Daily Mirror
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Tax concessions lead to Rs 978 bn foregone revenue in FY 2022/23
In the fiscal year 2022/23, Sri Lanka's government disclosed a significant foregone revenue of LKR 978 billion, representing 56% of the total tax revenue, due to tax concessions. PublicFinance.lk, a leading economic insights platform mai...
2024-04-01
Daily Mirror
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New public procurement regulatory framework to deter corruption
Sri Lanka is set to implement a new Public Procurement Law aimed at curbing corruption and malpractices in the procurement process, responding to reports of inefficiencies and resource wastage highlighted by the Ministry of Finance, the Audi...
2024-03-31
The Sunday Times
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