economic

The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva has assured the institution’s commitment towards supporting Sri Lanka’s economic reforms. Following her meeting with President Ranil Wickremesinghe,…

A dramatic new controversy has arisen to muddy the waters around the opening of Sri Lanka’s retail fuel market to foreign suppliers, with revelations that a Cabinet paper was presented just three days before the signing of one of the…

Accordingly, wheat flour was brought under the category of specified goods with effect from midnight on 16 June, as it is an essential commodity to the people

The Sri Lankan Rupee continued to depreciate against the US Dollar, buying at Rs. 303.19 and selling at Rs. 318.99. The Sri Lankan Rupee has been depreciating against the US Dollar this week after strengthening significantly in the…

The Presidential Secretariat on Tuesday (June 13) strongly denied the claims published in multiple media reports asserting that 7.5 million Sri Lankans were lacking adequate meals. Speaking on the matter, the Additional Secretary of…