Sri Lanka’s post-cyclone compensation bill is expected to exceed Rs. 100 billion, according to estimates attributed to a senior Treasury official, raising concerns over fiscal sustainability.
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The Ceylon Electricity Board has posted a Rs. 9 billion loss for the nine months ended September 2025, reversing a massive profit recorded last year and raising fresh concerns over electricity tariffs and IMF reform targets.
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US ambassadorial nominee Eric Meyer has told the Senate Foreign Relations Committee that Washington’s engagement with Sri Lanka will focus on maritime security,
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Litro Gas Lanka has awarded its 2026 liquefied petroleum gas (LPG) supply contract to Switzerland-based Geo Gas Trading SA, following Cabinet approval, covering 380,000 metric tonnes with a ±20 percent variation.
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Sri Lanka’s renewed request for emergency financing from the International Monetary Fund has placed the government at a critical crossroads,
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President Anura Kumara Dissanayake has instructed officials to give top priority to restoring the livelihoods of communities affected by the disaster.
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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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