Economic growth

Sri Lanka’s economic growth is projected to moderate from 5.0% in 2025 to 4.0% in 2026, before rising slightly to 4.2% in 2027, according to the Asian Development Bank (ADB). The ADB further projects inflation to increase from -0.5% to…

President Anura Kumara Dissanayake says the incumbent government’s objective is to drive national development through a structured plan that recognises economic strengths and brings economic growth to rural areas. The President further…

President of the Asian Development Bank (ADB), Mr. Masatsugu Asakawa, congratulated President Anura Kumara Dissanayake on his election as the President of Sri Lanka, the President’s Media Division (PMD) said. In his message, Mr. Asakawa…

The International Monetary Fund said on Thursday that there is “strong expectation” that Sri Lanka will reach a deal with its commercial creditors by the completion of the IMF’s second review. Sri Lanka is in talks with bondholders to…

State Minister of Finance, Shehan Semasinghe says the anticipated economic growth for the year 2024 is projected at 1.8%. Addressing a press briefing at the Presidential Media Centre (PMC) on Tuesday (Nov.14), the lawmaker has…