Economy News Sri Lanka S Budget Will Strive To Return Economy To Growth, Meet Imf Targets

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 set to regain economic output lost to crisis, Dissanayake says

Sri Lanka has nearly completed its debt restructuring process and is set to regain the economic output it lost to the 2022 financial crisis, President Anura Kumara Dissanayake said on Friday as he ... Read More

Sri Lanka Unveils 2026 Budget: A Bold Move Towards Economic Revitalization

Sri Lankan President Anura Kumara Dissanayake presented the 2026 budget focusing on tax reforms and increasing state revenue to meet IMF bailout conditions. Initiatives include modernizing tax audits, ... 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

Sri Lanka’s Economic Recovery Remains Incomplete as Key Challenges Remain

Urgent Structural Reforms and Efficient Public Spending Key for Long-Term Growth COLOMBO, October 7, 2025—Sri Lanka’s recent economic performance has been strong. Despite this, the recovery remains ... 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