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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Courtesy BSS News COLOMBO, Sept 30, 2025 (BSS/AFP) – Sri Lanka’s inflation rose to its highest level in 14 months in September due to higher costs for food, health and education, the country’s statistics office said Tuesday. Year-on-year inflation was 1.5 percent, up from 1.2 percent in August and compared with a deflation of 0.5 percent a year […]

e-Con e-News blog: eesrilanka.wordpress.com ‘Before you study the economics, study the economists!’ e-Con e-News 21-27 September 2025 England’s Hongkong & Shanghai Banking Corporation (HSBC) this week sold certain retail ‘assets’ in Sri Lanka to the Nations Trust Bank (NTB) for Rs18billion – so, the merchant media tells us. HSBC claims this ‘exit from retail is […]

The Pathfinder Foundation The Pathfinder Foundation held its inaugural policy dialogue with the Chintan Research Foundation (CRF) of India at the Galle Face Hotel in Colombo. The discussion centred on the theme Strengthening Economic and Strategic Partnerships for Shared Growth”. It assembled an impressive gathering of industry experts, scholars, civil society organisation representatives, and key […]

Courtesy Hiru News Remittances from Sri Lankan migrant workers have shown significant growth, reaching $5.11 billion in the first eight months of 2025, a 19.3% increase from the same period in the previous year. This positive trend is expected to continue, with the Sri Lanka Bureau of Foreign Employment (SLBFE) projecting total remittances to reach […]

Courtesy Hiru News The country could become bankrupt again in 2028, just as it did in 2022, if it continues on its current path, warns Opposition Leader Sajith Premadasa. He made the remarks yesterday (31) while addressing the Ampara District Samagi Jana Balawegaya Local Government Councillors’ Forum. Premadasa stated that the country is currently in […]

By Anuka Vimuthi Silva and Amali Wedagedara, Courtesy Al Jazeera From Africa to Asia to Latin America, billions go hungry while creditors profit. Sri Lanka is undergoing one of the most complex economic recoveries in its history. The country’s financial collapse in 2022 was precipitated by a toxic mix of unsustainable borrowing, poor fiscal management, and external shocks. […]

Courtesy Adaderana Discussions held with US authorities aimed at reducing the higher reciprocal tariff rate announced by US President Donald Trump have not been successful thus far, Minister of Industry and Entrepreneurship Development Sunil Handunneththi has acknowledged. Although several discussions were held with US authorities, Sri Lanka has been unsuccessful in striking a deal to […]

විමුක්ති එස් රුද්‍රිගු උපුටාගැණීම ලංකාදීප ලබන වසරේ අයවැය ජාත්‍යන්තර මූල්‍ය අරමුදල මෙරටට ලබාදී ඇති අරමුදල් වැඩසටහනේ කැපවීම්වලට අනුකූලව සකස් විය යුතු බවත් ජනපති ට්‍රම්ප් මෙරට අපනයනයන් සඳහා පනවා ඇති තීරු බද්දෙන් ශ්‍රී ලංකාවේ ආර්ථික වර්ධනය මන්දගාමී වීමේ අවදානමක් තිබෙන බවත් ජාත්‍යන්තර මූල්‍ය අරමුදලේ මෙරට මෙහෙයුම් ප්‍රධානී එවන් පැපජෝජියෝ මහතා (25) ප්‍රකාශ කළේය. 2026 වසරේ අයවැය […]

Courtesy Adaderana In a decisive move to strengthen macroprudential policy and mitigate systemic financial risks, the Central Bank of Sri Lanka (CBSL), acting as the Macroprudential Authority, has issued new Directions to licensed financial institutions to impose maximum caps on loan-to-value (LTV) ratios for vehicle-related credit facilities. The directive, which takes effect from 18 July […]

මව්බිම සියඹලාණ්ඩුව ප්‍රාදේශීය සභාව ජයග්‍රහණය කලේ  ජාතික ජන බලවේගයයි .එයිනුත් වැඩිම ඡන්ද ලබාගත්තේ දොඹගහවෙල කොට්ඨාශය නියෝජනය කරන අජිත් පුෂ්පනන්දන මහතායි.(මුළුමනින්ම ගොවි ජනතාව සිටින මොණරාගල දිස්ත්‍රික්කය මෙවර පාර්ලිමේන්තු මැතිවරණයේ ආසන 6 න් 5ක් ආණ්ඩු පක්ෂයට ලබාදෙන ලදී.).අජිත් මහතාගේ කොට්ඨාශයේ  ප්‍රධාන ආර්ථික භෝග  හතරකි .උක්,බඩඉරිගු , මයියොක්කා සහ කොමඩු එයින් ප්‍රධාන වේ. කොමඩු සහ  මයියොක්කා මිල උස […]

UK GOV Sri Lankan garment sector set to benefit following reforms to simplify imports from developing countries like Sri Lanka. On 10 July, the UK government unveiled a package of reforms to simplify imports from developing countries like Sri Lanka. Upgrades to the Developing Countries Trading Scheme (DCTS) make it easier for businesses to trade […]

Source: Xinhua Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, meets with Sri Lankan Minister of Foreign Affairs Vijitha Herath in Kuala Lumpur, Malaysia, July 12, 2025. (Xinhua/Cheng Yiheng) KUALA LUMPUR, July 12 (Xinhua) — China is willing to work with Sri Lanka […]

Courtesy The Daily Mirror Sri Lanka’s Extended Fund Facility (EFF) programme with the IMF focuses heavily on external debt restructuring to restore debt sustainability. However, external debt restructuring alone is insufficient because a large portion of debt service obligations arise from currency depreciation of external debt thereby inflating domestic debt, including treasury bills and bonds. […]

By Uditha Jayasinghe Courtesy uk.finance.yahoo.com COLOMBO (Reuters) -Sri Lanka’s garments sector is pinning its hopes on further discussions with the U.S. government after Donald Trump’s administration’s 30% tariff on the nation has placed it at a disadvantage to some of its biggest rivals. The United States has accounted for about 40% of Sri Lanka’s apparel […]

CHATURANGA PRADEEP SAMARAWICKRAMA   Courtesy The Daily Mirror Colombo, July 10 (Daily Mirror) – Parliamentarian Dayasiri Jayasekara today accused the government of mishandling tariff negotiations with the United States, claiming Sri Lanka had failed to secure meaningful benefits from the recent tariff reductions announced by U.S. President Donald Trump. Speaking at a media briefing in Colombo, […]

Courtesy The Daily Mirror U.S. President Donald Trump has added Sri Lanka to his growing list of trade targets, issuing a letter on Wednesday announcing a new 30% tariff on all imported goods from Sri Lanka.  The move comes as part of a broader tariff push aimed at multiple countries, with levies set to take […]

Courtesy Hiru News Sri Lanka’s economy recorded a positive Gross Domestic Product (GDP) growth rate of 4.8% in the first quarter of 2025. This marks the seventh consecutive quarter of positive growth for the nation, beginning from the third quarter of 2023. The Department of Census and Statistics announced this, noting that the GDP at […]