economy

Sri Lanka’s reform program continues to move forward, with the International Monetary Fund’s (IMF) Executive Board set to consider the combined Fifth and Sixth Reviews under the Extended Fund Facility on Wednesday (May 27). IMF Mission…

The specter of economic collapse still haunts Sri Lanka, yet a new, more structural threat is quietly manifesting in the form of a heavily skewed trade relationship with China. In 2025, China officially overtook India as Sri Lanka’s largest…

In India, the push for “Housing for All” has increasingly been framed as a human rights agenda that links shelter with equality, social security and self respect for the poorest citizens. Within this framework, the focus on women-led…

Pakistan’s recent request to the United Arab Emirates (UAE) to roll over 3 billion dollars of deposits once again highlights how the country’s macroeconomic stability hinges on external bailouts rather than durable structural reforms.This…

Bangladesh has slipped into a debt trap. The confirmation has come from none other than Chairman of the National Board of Revenue of Bangladesh M. Abdur Raman Khan. In a way, this is not a surprising development. Bangladesh has gone the…

The present government’s policy is not to provide luxury to a limited number of people, but to manage the economy in a way that delivers tangible benefits to the public, Prime Minister Dr. Harini Amarasuriya stated. The Prime Minister…

The Sri Lanka Tourism Development Authority (SLTDA) reports that the number of foreign tourist arrivals to the country in 2025 has surpassed 1.8 million as of October 15. According to the latest statistics released by the SLTDA, a total…

Indian Prime Minister Narendra Modi announced that he was pleased to welcome Sri Lankan Prime Minister Harini Amarasuriya for discussions on a wide range of bilateral and regional matters. Posting on X (formerly Twitter), Prime Minister…

The price of gold has surpassed USD 3,950 per ounce for the first time in history, global market data indicates. In response to the surge, gold prices in Sri Lanka have increased by approximately Rs. 8,000 compared to Saturday’s rates.…

Following the lifting of restrictions on vehicle imports, the Central Bank of Sri Lanka (CBSL) has reported that the country spent US$1,007.5 million on vehicle imports during the eight-month period from January to August 2025. This was…