IFC Warns Sri Lanka against Inward-Looking Growth Path
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 Moves to Regulate Microfinance amid Rising Distress
Sri Lanka is on the verge of transforming its microfinance and money lending sector with the Microfinance and
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Cabinet Clears GEF-Funded Coastal Conservation Project
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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Sri Lanka to seek USD200mn from ADB for Mahaweli water security program
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 meets US Under Secretary of State for Political Affairs
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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“Vehicle Plan for WB project Reflects Structural Gaps in Public Health”
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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SL gets $ 30 m World Bank loan to boost renewable energy, grid capacity
Proposed World Bank payment guarantee facility in the offing to scale up private investment in renewable energy projects
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Sri Lanka’s External Debt Climbs to $37.2bn as Repayments Intensify
Sri Lanka’s external debt stock rose to $37.24 billion by end-September 2025, an increase of $100 million from the previous quarter, according to the latest Quarterly Debt Bulletin issued by the Public Debt Management Office.
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UNDP Urges Concessional Aid as Sri Lanka Faces Disaster Debt
The UNDP has called for urgent concessional financing for Sri Lanka, warning that the country cannot take on additional debt to recover from Cyclone Ditwah,
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Sri Lanka Faces Steep Post-2028 Debt Payments despite Restructuring Progress
Sri Lanka’s external debt stock rose to USD 37.24 billion by end-September 2025, according to the Public Debt Management Office. Although the country remains unable to access global capital markets,
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