The International Monetary Fund said it had reached a deal with Sri Lanka for a 4-year 2.9 billion US dollar extended fund facility subject to debt restructuring and prior actions. Under the program the budget will have to generate a primary...

The Asian Development Bank said it had approved 200 million US dollars in emergency credits for Sri Lanka by re-purposing existing loans which will be used for farming, and income support for the poor and vulnerable, especially women and chi...

Sri Lanka will make income tax registration compulsory for everyone above 18 years, President Ranil Wickremesinghe is presenting a revised budget. Sri Lanka is trying t...

During the five months ending May 2022, domestic financing increased to Rs. 742.7 bn compared to Rs. 595.7 bn in the corresponding period of 2021. Foreign financing recorded a net repayment of Rs. 106.0 bn during the period from January to M...