Fiscal discipline and strategic management will be central to the 2025 national budget.   The Finance Ministry has issued guidelines for the 2025 n...

Sri Lanka's state revenue increased by 41% year-on-year in the first half of 2024, reaching Rs. 1,860 billion, with significant contributions from reduced indirect taxes, increased non-tax revenue, and profits from stat...

Sri Lanka has secured a 100 million US dollar loan from the Asian Development Bank for power sector policy reforms, which includes an interest rate of 2.0 percent, a 25-year repayment period with a 5-year grace period, and...

IMF stresses that Sri Lanka must focus on effective revenue measures and spending restraint in its 2025 budget to achieve a primary balance target of 2.3% of GDP, which is crucial for restoring debt sustainability. The IMF...