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Featured Insight
Sri Lanka's best kept secret
The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with the International Monetary Fund (IMF), and several recommendations made by the IMF in its latest governance diagnostic on Sri Lanka, highlight the importance of improving fiscal transparency.
Featured Insight
Sri Lanka's best kept secret
The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with the International Monetary Fund (IMF), and several recommendations made by the IMF in its latest governance diagnostic on Sri Lanka, highlight the importance of improving fiscal transparency.
Featured Insight
Sri Lanka's best kept secret
The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with the International Monetary Fund (IMF), and several recommendations made by the IMF in its latest governance diagnostic on Sri Lanka, highlight the importance of improving fiscal transparency.
Featured Insight
Sri Lanka's best kept secret
The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with the International Monetary Fund (IMF), and several recommendations made by the IMF in its latest governance diagnostic on Sri Lanka, highlight the importance of improving fiscal transparency.
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Treasury owes Rs.108 b to senior citizen deposits
Sri Lanka's Treasury owes Rs. 108 billion to banks for higher interest rates on senior citizen deposits, terminated during the economic crisis. Dr. Ranjith Siyambalapitiya, State Minis...
2024-04-26
The Morning
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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
மேலும் வாசிக்க
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
மேலும் வாசிக்க
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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