Economy News Sri Lanka S Budget Will Strive To Return Economy To Growth, Meet Imf Targets
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Sri Lanka’s economic escape
By bno - Mark Buckton - Taipei Sri Lanka’s recovery over the past year reads like a narrow escape rendered into a cautious, albeit unfinished success story. After the calamitous months of 2022, when ... Read More
Sri Lanka: Ruinous Tax Policies Stoke Inequality
Sri Lanka’s tax policies played a driving role in the country’s devastating 2022 economic crisis and have contributed to the chronic underfunding of education and other public services. Read More
Sri Lanka's Central Bank Holds Policy Rate Ahead of Budget, IMF Review
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Sri Lankan government prepares next IMF-dictated budget
The World Bank has also called for the downsizing of Sri Lanka’s public sector. Its Sri Lanka Public Finance Review 2025 has said the country’s public-sector workforce of 1.21 million should be ... Read More
How Low Taxes Drove Sri Lanka’s Economic Crisis and Squandered its Education Lead
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Flawed tax policies led to Sri Lanka’s economic meltdown: Human Rights Watch report
Erroneous tax policies adopted by successive Sri Lankan governments over the years led to the island nation’s economic collapse in 2022, says a report by a New York-based non-profit group. Of the ... 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
IMF, Sri Lanka reach staff-level agreement for $347 million in financing
Oct 9 (Reuters) - The International Monetary Fund (IMF) has reached a staff-level agreement with Sri Lanka to complete the fifth review of its reform program, paving the way for access to about $347 ... Read More
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