Sri Lanka secures $1bn credit line from India as IMF signals help
Cash-strapped Sri Lanka has secured a $1bn credit line from India to buy urgently needed food and medicine, officials say,
Read more
Economy
Exports soar in 2021
By Charumini de Silva Sri Lanka’s exports in 2021 recorded $ 15.12 billion, up by 23% from 2020 sustaining its
Read more
Global economy weaker this year – IMF
The global economy enters 2022 in a weaker position than previously expected. As the new Omicron Covid-19 variant spreads, countries
Read more
Sri Lanka’s highest ever export earnings in November 2021
Sri Lanka’s earnings from exports in November 2021 recorded the highest ever – monthly export value in history, the Central
Read more
Vehicle prices almost at pre-pandemic levels
Importers expects permission for imports in Budget 2022 We expect Basil to prioritise EV imports: VIASL Industry predicts surge in
Read more
Debt & Delusion
Dr. Ameer Ali, School of Business & Governance, Murdoch University, Western Australia Sri Lanka has maintained its painful record so
Read more
Swallow The Pride & Go To IMF
Dr. Ameer Ali, School of Business & Governance, Murdoch University, Western Australia Economic policy makers who are advising the Rajapaksa
Read more
Dollar shortage & Import restrictions : Mangala reveals main reason for crisis
By Former Finance Minister Mangala Samaraweera It is reported that most major banks in Sri Lanka have stopped issuing Letters
Read more
Are We Serious?
Upatissa Pethiyagoda Despite the puzzling confusion by hopefuls making comforting noises, and the hopeless foretelling gloom, and hard times ahead,
Read more
Foreign currency crisis : CB Governor lists five major $ inflows expected
Statement by Deshamanya Professor W D Lakshman, Governor of the Central Bank of Sri Lanka on Foreign Currency Liquidity in
Read more