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Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
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ஆக தேர்வு செய்க
Sri Lanka IOC unit reports profits of Rs8.2bn in Dec quarter
Lanka IOC, a unit of Indian Oil Corporation has reported profits of 8.2 billion rupees for the December 2022 quarter, up from only 980 million US dollars a year earlier. https://econom...
2023-02-02
Economy Next
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India first to formally notify IMF assurance and support to Sri Lanka’s external debt restructuring
Committed to continuing negotiations with the Sri Lankan government on medium to long term debt restcturing plans via interest rate reductions, maturity extensions, or similar. Outlined expectation that Sri Lanka should seek equitable debt treatment from all commercial and official bilateral cred...
2023-01-25
Daily FT
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Treasury orders ministries to further reduce budget allocations
The Finance Ministry has issued a fresh circular, directing ministries to further slash their budgets by six percent... https://www.sundaytimes.lk/230122/news/tre...
2023-01-25
Sunday Times
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SL has world’s 6th highest food inflation – WB
Sri Lanka, with food inflation at 64 per cent last year, has the sixth largest food inflation in the world, the World Bank (WB) said on Friday (20). https://ceylontoday.lk/2023/01/21/sl-has-worlds-6...
2023-01-25
Ceylon Today
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