Net contributions to Sri Lanka's Employees Provident Fund (EPF) turned negative in 2023, with refunds exceeding contributions for the first time. Demographic shifts, increased governme...

Over 300 contracts related to 35 mega projects were suspended last year. 37 projects showed no physical progress in the last quarter of 2023.

Lift on vehicle import ban driven by Treasury committee recommendations to meet IMF revenue targets. Decision reflects committee's aim to balance economic objectives with fiscal sustai...

EPF members will receive a 13% return on their contributions in 2023, exceeding the usual rate. Sri Lanka has achieved stable monetary conditions since September 2022, which bodes well for...