The Director General of the Department of Fiscal Policy, Kapila Senanayake, stated that the International Monetary Fund (IMF) ...

ITC Chairman Sanjiv Puri says Indian firms favour Sri Lanka due to cultural familiarity and proximity, as cross-border ...

Minister of Agriculture, Land, Irrigation and Livestock Development K.D. Lalkantha asserted that the government would comply with the IMF programme regardless of public protests. Making remarks to ...

Under an IMF-recommended amendment to the National Audit Act (NAA), the Auditor-General (AG) will be bound to notify the Chief Accountant of an audited entity to “immediately” complain to law ...

In the storied history of Sri Lanka’s foreign policy, only a few names have risen to occupy that rare space of being ...

The casino economy became a magnet for organized crime, money laundering, prostitution, and loan sharking. Melco Resorts, a key player in Macau’s rise, now brings this same model to Colombo. The ...

The Bangladesh Bank (BB) is unlikely to reduce the policy or repo rate for the second half of this year as inflation ...

Sri Lanka’s export industries – especially the apparel sector, have long depended on efficient tax mechanisms to remain competitive in global markets. But one persistent bottleneck has threatened that ...

Small and medium sector entrepreneurs (SMEs) which is the most vulnerable sector to internal and external shocks is again in ...

Sri Lanka has received a total of US$ 1.74 billion from the International Monetary Fund (IMF), according to Dr. Kapila ...

Sri Lanka is planning to discontinue a senior citizen interest subsidy scheme after abuse, after massive cost overruns and ...