The International Finance Corporation has cautioned that Sri Lanka will not achieve long-term prosperity unless it adopts outward-looking, export-driven economic policies.
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Sri Lanka is on the verge of transforming its microfinance and money lending sector with the Microfinance and
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The Cabinet of Ministers has approved the implementation of a new coastal and marine conservation initiative funded by a US$ 2.66 million grant from
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In line with the Government’s long-term strategy to generate 70% of the country’s electricity from renewable sources by 2030,
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Sri Lanka’s cabinet has approved a proposal to seek 200 million dollars in funding from the Asian Development Bank (ADB) for the second stage of the Mahaweli Water Security Investment Program, Minister Nalinda Jayatissa said.
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President Anura Kumara Dissanayake met with the Under Secretary of State for Political Affairs of the United States, Allison Hooker, at the Presidential Secretariat in Colombo this morning (11).
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Sri Lanka’s decision to divert US$150 million in World Bank IDA funds into a massive vehicle procurement programme has exposed a truth long whispered inside the health sector:
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Sri Lanka’s long-promised Doppler radar crucial for accurate storm tracking—is now expected only by 2027, raising fresh concern after the misfiring forecast of the recent cyclone.
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Sri Lanka’s tax exemptions have surged, undermining fiscal stability and limiting the impact of economic reforms.
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Cyclone Ditwah caused limited disruptions to Sri Lanka’s tea industry, with no reported manufacturing losses, the Colombo Tea Traders’ Association (CTTA) confirmed.
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