State Minister of Finance Shehan Semasinghe announced that under a new Central Bank Act, the Government independently manages the budget deficit.   ...

Sri Lanka's economy outperformed expectations in the first quarter, but the outlook remains uncertain due to upcoming elections, with revised inflation forecasts indicating improvements from better supply-side condition...

The restructuring of Sri Lanka's state-owned enterprises is delayed to ensure transparency, maximum value, protection of employee rights, and service quality improvement, amid political uncertainty and the upcoming pres...

Sri Lanka is awaiting final IMF approval for its debt restructuring efforts, which is crucial for exiting the 'restrictive default' status and improving investor confidence. ...