Sri Lanka’s Austerity Is One of the Most Severe in History

Sri Lanka has undergone one of the sharpest and fastest episodes of austerity in history, driven by a massive retrenchment in public investment and the suppression of real wages, according to a World ... Read More

Exclusive-Sri Lanka eyes 6% growth in 2026, but 2025 outlook dims amid spending delays

By Krishna N. Das and Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka is aiming to boost its economic growth to up to 6% in 2026, partly through record government capital expenditure, though delays in ... Read More

UPDATE 1-Sri Lanka economy reports 4.9% growth in second quarter

The central bank has room to cut interest rates further given inflation is at 1.2%, well below the target of 5%, but is treading carefully to preserve a buffer against potential external shocks, ... Read More

Exclusive-Sri Lanka central bank has room to cut rates but will be cautious, says governor

By Uditha Jayasinghe and Krishna N. Das COLOMBO (Reuters) -Sri Lanka’s central bank has room to cut interest rates further but is treading carefully to preserve a buffer against potential external ... Read More

Sri Lanka's central bank expects economy to grow by 4.5% in 2025

COLOMBO, Aug 15 (Reuters) - Sri Lanka's economy will grow by 4.5% this year, the central bank said in a monetary policy report on Friday, despite some risks to the island nation's recovery from U.S. Read More

Sri Lanka's former president has been arrested, but some say it's a distraction from an economy in tatters

The arrest of a former president has ignited debate over whether Sri Lanka's government is pursuing genuine reform or political theatre, nearly a year into its rule. Read More

Thailand turning to Sri Lankan workers to cope with Cambodian exodus, official says

BANGKOK (Reuters) -Thailand's cabinet has approved the hiring of 10,000 Sri Lankan workers as it tries to address a labour shortage caused by Cambodian workers returning home in the wake of a deadly ... Read More

Exclusive-sri lanka expects sinopec to start building $3.7 billion refinery this year, says minister

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