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Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
Featured Insight
Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
Featured Insight
Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
Featured Insight
Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
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Economy witnessed gradual revival in 2023 – CBSL
The Central Bank of Sri Lanka reported a gradual economic revival in 2023, following the country's most severe post-Independence downturn. Th...
2024-04-27
Daily News
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Sri Lanka to seek IDA loans while remaining a middle-income country
The government stated that Sri Lanka will remain a middle-income country. Sri Lanka no longer qualifies for International Bank for Reconstruction and Development (IBRD) loans due to a downgrade of the country’s credit rating. Th...
2022-10-12
Daily News
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World Bank: Debt restructuring and implementation of deep reforms critical for Lanka’s economic stabilization
Sri Lanka’s economic crisis is deepening with unsustainable debt and a severe balance of payment crisis on top of lingering scars of the COVID-19 pandemic, the World Bank said on Thursday.
2022-10-09
The Island
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IMF waiting for Sri Lanka to do the needful - Staff-level deal only an ad-referendum
The International Monetary Fund (IMF) is waiting for Sri Lanka to comply with all the applicable IMF policies before further steps can be taken. In an emailed response to Daily Mirror, Peter Breuer, Senior Mission Chief for Sri Lanka and Mas...
2022-10-07
Daily Ft
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Govt. expedites welfare benefits to over 3 mn families
President Ranil Wickremesinghe has instructed to expedite the program to provide welfare benefits to 3.1 million low-income families in Sri Lanka.
2022-10-07
Daily Ft
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