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Sri Lanka annual GDP growth projected to be around 4.5% – 5 % in 2024
Sri Lanka's 2024 economic outlook shows 4.5%-5% GDP growth, rising inflation, stabilized interest rates boosting private sector credit, and strengthened external resilience through tourism earnings, remittances, and...
2024-11-28
Daily News
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ஆக தேர்வு செய்க
Sri Lanka seeks upto US$3.5 b loan from Japan
Sri Lanka’s debt-ridden government is now negotiating a fresh financial relief package from Japan amounting to between $2billion and $3.5 billion similar to Indian assistance of US$ 900 million granted to Sri Lanka recently, with the a...
2022-01-16
Sunday Times
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India extends USD 900 mn facilities as Sri Lanka struggles to repay loans
As Sri Lanka is struggling to repay a US$ 500 million international sovereign bond (ISB) by the 18 January deadline whilst running short of reserves to purchase essential needs of the country, the Reserve Bank of India (RBI) will extend over...
2022-01-14
The Island
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Sri Lanka foreign remittances down 60-pct in December 2021
Sri Lanka’s worker remittances were down 60 percent from a year earlier to 325.2 million US dollars in December 2021 with foreign exchange diverted to the unofficial market as money printing undermined the credibility of a 200 to the U...
2022-01-14
EconomyNext
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Sri Lanka US$6.9bn fx debt service in 2022, 39-pct owed to domestic holders
Sri Lanka’s 2022 debt service payments are 6,919 million dollars of which 2.72 billion US dollars are owed to domestic holders Central Bank Governor Nivard Cabraal said, which is close to 40 percent of total payments. Sri Lanka has to pay 6,919 million US dollar...
2022-01-13
EconomyNext
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