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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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Public Finance Committee approves increase in borrowing limit by LKR 400 BN
The Committee on Public Finance has approved the amendment to the Appropriation Act to increase the borrowing limit from Rs. 2,997 billion to Rs. 3,397 billion for 2021.
2021-11-09
Daily FT
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Foreign reserves dip to USD 2.3 BN by October-end
Foreign exchange reserves were measurred at US $2,267.5 down from US $ 2,704.2 million in September as the Central Bank settled US $492.9 million worth foreign liabilities during the month.
2021-11-08
Daily Mirror
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Loss of Rs. 125m by giving PCR contract to a particular company
Disregarding average market prices, PCR testing kits had been bought from a bidder who quoted a higher price at the outbreak of the COVID-19 pandemic, thus causing a financial loss of more than Rs. 125 million, the Auditor General’s 20...
2021-11-07
Sunday Times
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Sri Lanka forex reserves fall to USD 2,267 MN in Oct 2021
Sri Lanka’s gross official foreign exchange reserves fell to 2,267 million US dollars in October 2021, down 73 percent from August 2019 data show, when inflationary policy began with the central bank started buying bonds to target an output gap.
2021-11-07
Economy Next
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