Sri Lanka’s Government Digital Payment Platform, GovPay, has surpassed Rs. 2 billion in total transaction value in 2025, marking rapid adoption amid rising fiscal pressures from recent cyclone-related disasters, the Ministry of Digital Economy said.
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Sri Lanka’s Official Creditor Committee (OCC) has approved the government’s proposed repayment structure for the defaulted SriLankan Airlines bond, marking a key milestone in the country’s broader debt restructuring process.
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Sri Lanka is exploring the use of infrastructure bonds to finance large-scale reconstruction following Cyclone Ditwah, as fiscal constraints limit the Government’s ability to fund rebuilding directly.
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The Government has raised about Rs. 10 billion through Sri Lanka’s first commercial 5G spectrum auction,
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The European Union (EU) has allocated a total of Euro 2.35 million of financial assistance to Sri Lanka.
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The Asian Development Bank (ADB) has launched a $40 million emergency assistance facility under its Trade and Supply Chain Finance Program (TSCFP) to support Sri Lanka’s recovery from the devastation of Cyclone Ditwah.
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The Executive Board of the International Monetary Fund is scheduled to meet on December 19 to consider Sri Lanka’s request for US$200 million under the Rapid Financing Instrument (RFI),
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Sri Lanka’s technology services industry is transitioning toward more sustainable and performance-driven compensation models, according to SLASSCOM’s 2025 Compensation and Benefits Survey.
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The Inland Revenue Department (IRD) has generated additional tax revenue of Rs. 50 billion, surpassing its 2025 revenue target of Rs. 2,195 billion, and recording the highest revenue performance in its recent history.
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The visiting Vice Chairman of the National People’s Congress of China, Wang Dongming called on President Anura Kumara Dissanayake at the Presidential Secretariat this morning (17).
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