Author Archive for Economy
Wednesday, January 21st, 2026
Courtesy The Daily Mirror Colombo, Jan 21 (Daily Mirror) – UNP MP Ravi Karunanayake raised serious concerns in Parliament over what he described as a growing disconnect between Sri Lanka’s record tourist arrivals and the weak flow of foreign exchange into the country’s official financial system. Speaking in Parliament, Karunanayake noted that Sri Lanka recorded […]
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Posted in Economy | Comments Off on Ravi flags tourism forex leakages despite record arrivals
Sunday, January 18th, 2026
Conversations with Alanki
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Posted in Economy | Comments Off on The economic outlook…What should Sri Lanka’s focus be for 2026 ?
Tuesday, January 13th, 2026
Posted in Economy | Comments Off on ඉදිරි වසරවල ගෙවීමට ඇති ණය – ”වැඩිම ණය ප්රමාණයක් ගෙව්වේ 2025 වසරේ” |
Monday, January 12th, 2026
Courtesy The Daily Mirror Earnings from Sri Lanka’s tourism industry disappointed in 2025, as revenue failed to correspond with the surge in arrivals, which reached a fresh high during the year. For instance, the country attracted 258,928 visitors in December – about 10,000 more than a year earlier – bringing total arrivals for the year […]
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Posted in Economy | Comments Off on Tourism disappoints 2025 earnings as income falls short despite higher arrivals
Thursday, January 8th, 2026
Courtesy Hiru News The Central Bank of Sri Lanka (CBSL) expects the economy to grow by 4% to 5%, while inflation is projected to gradually rise and reach the target level of 5% by the second half of 2026, Central Bank Governor Dr. Nandalal Weerasinghe said. Addressing the launch of the Central Bank’s Policy Agenda […]
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Posted in Economy | Comments Off on CBSL to introduce benchmark exchange rate, review inflation target
Tuesday, December 30th, 2025
Posted in Economy, Politics | Comments Off on 2026 වසර ගැන බන්දුලගේ අනාවැකිය
Tuesday, December 23rd, 2025
Courtesy Relifweb COLOMBO, December 22, 2025—Cyclone Ditwah, which struck Sri Lanka in late November, has caused an estimated US$4.1 billion in direct physical damage to buildings and contents, agriculture and critical infrastructure, according to a World Bank Group Global Rapid Post-Disaster Damage Estimation (GRADE) report released today. This damage is equivalent to about 4 percent of Sri […]
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Posted in Economy | Comments Off on Damage from Cyclone Ditwah in Sri Lanka Estimated at $4.1 Billion
Monday, December 22nd, 2025
Hiru News Cyclone Ditwah caused extensive physical destruction across all 25 districts of Sri Lanka after striking the island in late November 2025. This assessment, conducted by the World Bank using the Global Rapid Post-Disaster Damage Estimation (GRADE) methodology, estimates the direct physical damage at approximately 4% of the country’s GDP. The disaster affected nearly […]
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Posted in Economy, Politics | Comments Off on USD 4 bn damage caused by Ditwah
Saturday, December 20th, 2025
Courtesy Hru News The International Monetary Fund (IMF) has approved an immediate disbursement of approximately USD 206 million under the Rapid Financing Instrument (RFI) to assist Sri Lanka in the wake of the catastrophic Cyclone Ditwah. Speaking shortly after the Executive Board’s decision, IMF Senior Mission Chief for Sri Lanka, Evan Papageorgiou, emphasised that while […]
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Posted in Economy, IMF bailout package | Comments Off on IMF urges CBSL to continue to refrain from monetary financing
Monday, December 15th, 2025
Courtesy The Daily Mirror Colombo, Dec. 15 (Daily Mirror) – Sri Lanka could face an economic crisis by the Sinhala New Year 2026, fueled by Cyclone Ditwah as it has been predicted by former President Ranil Wickremesinghe, United National Party (UNP) Deputy General Secretary Harin Fernando said today. Sri Lanka is moving towards a forex […]
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Posted in Economy, Politics | Comments Off on Sri Lanka could face economic crisis by Sinhala New Year: Harin
Monday, December 15th, 2025
Courtesy Hiru News COLOMBO, December 15, 2025: The World Bank Group has expressed deep sorrow over the devastation caused by Cyclone Ditwah in Sri Lanka. In response to the Government’s request, the Bank is making up to US$120 million in emergency support available by repurposing funds from ongoing projects. This assistance will help restore essential […]
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Posted in Economy, Politics | Comments Off on World Bank pledges USD 120mn support for Sri Lanka
Sunday, December 7th, 2025
Courtesy Hiru News The total damage caused by the recent adverse weather in Sri Lanka is estimated to be between US$6 billion and US$7 billion, according to Commissioner General of Essential Services Prabath Chandrakeerthi. Speaking to the media, he said this amount represents between 3% and 5% of the country’s Gross Domestic Product (GDP). An Economist’s estimate In an interview […]
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Posted in Economy | Comments Off on What could be the cost to the economy from Ditwah?
Saturday, December 6th, 2025
Courtesy The Daily Mirror he International Monetary Fund (IMF) said it expects Sri Lanka’s economic activity to take a hit following the widespread destruction caused by Cyclone Ditwah, noting that the scale of damage will become clearer once authorities complete a rapid post-disaster assessment. IMF’s Director of the Communications Department Julie Kozack said, the Fund […]
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Posted in Economy | Comments Off on IMF says Sri Lanka’s economic outlook to weaken after cyclone
Sunday, November 30th, 2025
Courtesy The Daily Mirror Sri Lanka’s foreign currency debt repayment per annum from 2028 onwards is estimated at between US$ 3.25 billion to US$ 3.5 billion the most, should the current level of debt remain unchanged. Speaking at a media briefing, the Central Bank said Sri Lanka has to pay only up to US$ 2.75 […]
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Posted in Economy | Comments Off on Sri Lanka’s annual debt repayments estimated at US$ 3.5bn
Wednesday, November 26th, 2025
e-Con e-News blog: eesrilanka.wordpress.com ‘Before you study the economics, study the economists!’ e-Con e-News 16-22 November 2025 The US National Guard, historically used for terrorizing the USA’s allegedly unruly cities, has been called the ‘Ku Klux Klan (KKK) in uniform’. The KKK is the terrorist organization set up by former southern US slaveowners & Northern industrial […]
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Posted in Economy, Politics | Comments Off on US, England & India Grab for Sri Lanka’s Maritime Minerals & More…
Saturday, November 15th, 2025
Courtesy The Daily Mirror By Shannine Daniel Vijay Chauhan Sri Lanka is at an advantageous position to bring in value-addition stages for its exports but to do so, significant focus needs to be given to bring in the necessary policies, infrastructure and administrative measures, said Deloitte India Executive Director Direct Tax Policy Vijay Chauhan. Chauhan […]
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Posted in Business, Economy | Comments Off on Sri Lanka at an advantageous position to bring in value-addition for exports: Deloitte India
Saturday, November 15th, 2025
උපුටා ගැන්ම ලංකා ලීඩර් 2026 වසර සඳහා ශ්රී ලංකාව ඉදිරිපත් කර ඇති අයවැය අයිඑම්එෆ් ණය වැඩසටහනේ පරාමිතීන්ට අනුකූලව සකස් කර ඇත්දැයි ජාත්යන්තර මූල්ය අරමුදලේ කාර්ය මණ්ඩලය විසින් මේ වනවිට අධ්යයනය කරමින් සිටින බව අයිඑම්එෆ් සන්නිවේදන අධ්යක්ෂිකා ජූලි කොසැක් මහත්මිය පවසා ඇත. මෙම ඇගයීම ශ්රී ලංකාව සඳහා වන විස්තීර්ණ ණය වැඩසටහනේ පස්වැනි සමාලෝචනය සලකා බැලීම විධායක […]
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Posted in Economy | Comments Off on අයවැය IMF අවශ්යතාවට හැදුවාදැයි දැන් බලනවා.. මීළඟ වාරිකය ලැබෙන්නේ ඒ අනුවයි – I.M.F. සන්නිවේදන අධ්යක්ෂ ජූලි කොසැක් කියයි
Thursday, November 13th, 2025
Courtesy Adaderana The draft report prepared in accordance with Standing Order 121(5)(i) of Parliament regarding the Appropriation Bill for the Financial Year 2026 was considered at the meeting of the Committee on Public Finance (COPF). This discussion took place recently (11) in Parliament, under the chairmanship of Member of Parliament Dr. Harsha de Silva, according […]
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Posted in Economy | Comments Off on Revenue growth expected to slow down in 2026 due to decline in vehicle imports – Draft Report on Appropriation Bill
Thursday, November 13th, 2025
උපුටා ගැන්ම ලංකා සී නිව්ස් මහා භාණ්ඩාගාරයේ ටි්රලියනක් පමණ ඉතිරිව තිබෙන්නේ යැයි කියන කථාව පිළිගත නොහැකි හුදු කතන්දරයක් පමණක් බවත් ආර්ථික විද්යාවට අනුව ශ්රී ලංකාවේ භාණ්ඩාගාරයේ මුදල් ඉතිරිවිය නොහැකි බවත් හිටපු අමාත්ය බන්දුල ගුණවර්ධන මහතා (13) පැවසීය. හිටපු අමාත්ය බන්දුල ගුණවර්ධන මහතා ‘අයිඑම්එෆ් ප්රකීර්ණ විසදුම්’ කෘතිය පිළිබඳව දැනුවත් කිරීම සඳහා නුගේගොඩදී (13) පැවැති මාධ්ය හමුවේදී එසේ පැවසීය. මෙරට ප්රධාන ජාතික ගැටලු දෙකක් ඇති අතර ආණ්ඩුවක් එදිනදා පවත්වාගෙන යෑමට ප්රමාණවත් ආදායමක් නොමැතිවීම හෙවත් ජංගම ගිණුමේ එසේ නැත්නම් වර්තන ගිණුමේ හිඟය එහිදී ප්රධාන […]
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Posted in Economy | Comments Off on ටි්රලියනක් ඉතුරු කතාව කෙප්පයක්.. රට එදිනෙදා දුවන්නේ ණය අරන්..
Friday, November 7th, 2025
Courtesy The Daily Mirror Colombo, Nov. 7(Daily Mirror) – President Anura Kumara Dissanayake is currently presenting the Budget 2026 in Parliament, unveiling a series of allocations and reforms. So far, the proposals reflect a reform-driven and inclusive direction — highlighting investments in health services, digital infrastructure, education, and support for vulnerable groups. The budget emphasizes fiscal consolidation, digital […]
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Posted in Economy | Comments Off on President Anura Kumara’s Budget Speech 2026: Summary
Friday, November 7th, 2025
By bno – Mumbai bureau November 7, 2025 Sri Lanka’s economy has shown solid signs of recovery in 2025, but the rebound remains partial, with output still below pre-crisis levels and poverty rates significantly elevated, according to the World Bank’s latest Sri Lanka Development Update titled Better Spending for All. The report projects growth of 4.6% in 2025, supported […]
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Posted in Economy | Comments Off on Sri Lanka’s economic recovery strengthens but remains incomplete
Thursday, November 6th, 2025
Courtesy The Daily Mirror Today is the budget day. The NPP government, under the leadership of President Anura Kumara Dissanayake, will present its second maiden budget today when the country is at a critical juncture between hard-won stabilisation and the promise of sustainable growth. The past two years have been spent under the IMF programme, […]
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Posted in Economy | Comments Off on 2026 Budget: Govt should ensure economic transformation
Saturday, November 1st, 2025
උපුටා ගැන්ම ලංකා සී නිව්ස් ජාත්යන්තර මූල්ය අරමුදලේ නිර්දේශ අනුව 2024 වසරේ අප සතුව ඩොලර් බිලියන 6ක විදේශ සංචිතයක් තිබිය යුතු බව හිටපු අමාත්ය, පිවිතුරු හෙළ උරුමයේ නායක උදය ගම්මන්පිල පවසයි. ඔහු පෙන්වා දෙන්නේ එම සංචිත ප්රමාණය හිටපු ජනාධිපති රනිල් වික්රමසිංහ කජු කමින් ලෝකෙ වටේ ඇවිදිමින් ගොඩනඟා තිබූ බවයි. 2025 වසරේ ඩොලර් බිලියන 8ක විදේශ […]
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Posted in Economy | Comments Off on 2025 IMF ඉලක්ක සපුරනු බෑ.. අපේක්ෂිත සංචිතය ඩොලර් බිලියන දෙකයි… තවමත් දශම එකයි…
Friday, October 31st, 2025
Courtesy The Daily Mirror Colombo, Oct. 31 (Daily Mirror) – Sri Lanka is the second most expensive South Asian Association for Regional Cooperation (SAARC) country to live with cost of living for an individual being $506 or Rs. 153,899 excluding rent to live a comfortable life according to Numbeo, a user-generated cost-of-living statistics website. According […]
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Posted in Economy | Comments Off on Sri Lanka is the second most expensive country in South Asia to live in
Wednesday, October 29th, 2025
Courtesy The Daily Mirror Colombo, Oct 29 (Daily Mirror) – The International Monetary Fund (IMF) has projected that Sri Lanka’s economy will grow by 3.1% in 2026, reflecting a gradual return to its long-term trend, officials said. Thomas Helbling, Deputy Director of the IMF’s Asia and Pacific Department, made the announcement during a press conference […]
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Posted in Economy | Comments Off on IMF projects 3.1% economic growth for Sri Lanka in 2026
Friday, October 24th, 2025
Courtesy The Daily Mirror Sri Lanka’s export engine continued to gather pace this year with steady growth delivered across both goods and services. Provisional data released by the Export Development Board (EDB) showed that total export earnings climbed to US$ 12. 98 billion in the first nine months of 2025, which is a 7 percent […]
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Posted in Economy | Comments Off on Exports cross US$ 12.9bn in nine months
Wednesday, October 15th, 2025
උපුටා ගැන්ම ලංකා සී නිව්ස් ගෝලීය ණය ශ්රේණිගත කිරීමේ ආයතනයක් වන මූඩිස් (Moody’s) මෑතකදී නිකුත් කළ වාර්තාවකින් පෙන්වා දෙන්නේ, ශ්රී ලංකාවේ ආර්ථිකය යථා තත්ත්වයට පත් කිරීමේ ක්රියාවලිය බොහෝ දුරට නිවැරදි මඟක ගමන් කරන නමුත්, ඊට බාධා එල්ල කරන සාධක කිහිපයක් පවතින බවයි. ඔවුන් පෙන්වා දෙන පරිදි, රටේ ඉහළ ණය බර, මූල්ය අවකාශයේ සීමිත බව සහ […]
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Posted in Economy | Comments Off on ණය මත යැපීමෙන් ලංකා ආර්ථිකය අවදානමේ..- මූඩීස්
Sunday, October 12th, 2025
ශ්යාම් නුවන් ගනේවත්ත Divaina පසුගිය කාලයේ මුහුණදුන් දරුණුතම ආර්ථික අර්බුදවලින් මිදී ආර්ථිකය ස්ථාවර වෙමින් පවතින නමුත්, එවන් තත්ත්වයක් නැවත ඇතිවීමේ සැලකිය යුතු අවදානමක් පවතින බව ස්වාධීන අධ්යයන කණ්ඩායමක් විසින් සකසන ලද වාර්තාවක් මගින් අනතුරු අඟවා ඇත. ශ්රී ලංකාව වර්තමානය වන විට තීරණාත්මක සන්ධිස්ථානයක සිටින බව පෙන්වාදෙන එම වාර්තාව මගින්, මෙකී අවදානම හේතුවෙන් දැන් අත්කරගනිමින් පවතින […]
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Posted in Economy | Comments Off on ලංකාව යලි දරුණු ආර්ථික අර්බුදයක අවදානමකට..- නවතම වාර්තාවක් කියයි…
Wednesday, October 8th, 2025
Courtesy fibre2fashion Insights Sri Lanka’s recent economic rebound has been strong but remains incomplete, with growth still below pre-crisis levels and poverty significantly elevated, the World Bank said in its latest Sri Lanka Development Update – Better Spending for All. The report projects the economy to expand by 4.6 per cent in 2025, supported by […]
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Posted in Economy, Politics | Comments Off on Sri Lanka’s growth strong but recovery remains uneven: World Bank
Wednesday, October 1st, 2025
By A. Jathindra, courtesy Eurasia Review Recent reports have sparked serious concerns about Sri Lanka’s economic future. The country continues to struggle to recover from its lowest point, and prospects for economic stability remain uncertain. As the National People’s Power (NPP) government marks its first year in office, both the U.S. State Department and the Asian […]
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Posted in Economy | Comments Off on Driving ETCA Forward: Sri Lanka Needs A Chief Negotiator – OpEd