The World Bank emphasized the critical need for Sri Lanka to sustain its reform efforts to overcome the effects of the crisis and foster a resilient economy. Central to this approach is the continuation of structural reforms aimed at restori...

The World Bank has revised its forecast for Sri Lanka's economy, now projecting a growth of 2.2% for 2024, a significant improvement from the nation's worst financial crisis in decades. With a $2.9 billion IMF bailout in 2023, Sri La...

In a recent diplomatic development, India and Sri Lanka engaged in high-level discussions to review their bilateral economic connectivity, demonstrating a shared commitment to enhancing cooperation. Led by Senior Advisor to the President on...

In the fiscal year 2022/23, Sri Lanka's government disclosed a significant foregone revenue of LKR 978 billion, representing 56% of the total tax revenue, due to tax concessions. PublicFinance.lk, a leading economic insights platform mai...