Economy News Sri Lanka S Budget Will Strive To Return Economy To Growth, Meet Imf Targets
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Sri Lanka central bank holds interest rate steady ahead of budget, IMF review
Sri Lanka's central bank kept its policy interest rate unchanged on Wednesday as it awaited approval of the country's budget and the latest loan review from the International Monetary Fund. The ... Read More
Sri Lanka's budget to drive economic reforms, meet IMF goals
Sri Lanka's President Anura Kumara Dissanayake will unveil the national budget on Friday, emphasizing economic reforms to meet IMF targets critical to unlocking further financing from the global ... Read More
Sri Lanka’s Budget Tightens Taxes, Trims Discretion, and Seeks Space for China-India-IMF Balancing
The next 12 to 18 months, when the political and social costs of broader taxation and administrative centralization will become most visible, are crucial. The NPP took a cautious approach in its first ... Read More
IMF Staff Reaches Staff-Level Agreement on the Fifth Review Under Sri Lanka’s Extended Fund Facility Arrangement
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do ... Read More
How Low Taxes Drove Sri Lanka’s Economic Crisis and Squandered its Education Lead
Susikala was working as a daily wage earner at a flower garden in Hatton, a hilly area in central Sri Lanka, when in April 2022 the government defaulted on its debt. The default sent the economy into ... Read More
Sri Lanka government’s 2026 budget intensifies IMF austerity
Sri Lankan President Anura Kumara Dissanayake’s 2026 budget, presented to Parliament on November 7, marks a further escalation of the assault on the living conditions of workers and the poor, while ... Read More
Sri Lanka's Central Bank Holds Policy Rate Ahead of Budget, IMF Review
COLOMBO (Reuters) -Sri Lanka's central bank kept its overnight policy rate unchanged on Wednesday, as it aims to underpin growth ahead of the country's budget and a visit by a delegation of the ... Read More
Sri Lanka's budget to drive economic reforms, meet IMF goals
Budget to emphasise economic reforms to meet IMF targets Sri Lanka aims for 2.3% primary surplus, 15% GDP revenue by 2025 World Bank projects 4.6% growth in 2025, 3.5% in 2026 COLOMBO, Nov 6 (Reuters) ... Read More
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