The Asian Development Bank (ADB) has launched its Sri Lanka Country Partnership Strategy (CPS) 2024-2028, aimed at elevating Sri Lanka's competitiveness. The strategy, led by Takafumi Kadono, the ADB Country Director for Sri Lanka, empha...

The World Bank emphasized the critical need for Sri Lanka to sustain its reform efforts to overcome the effects of the crisis and foster a resilient economy. Central to this approach is the continuation of structural reforms aimed at restori...

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...

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...