FINANCIAL CHRONICLE – Sri Lanka Customs exceeded its monthly target for a third consecutive month, achieving the March target before the end of the month, […]
Category: Economy
Coverage of macroeconomic trends, fiscal and monetary policy, public finance, inflation, debt, and structural reforms impacting the national economy.
ADB Commits $100 Million to Protect Sri Lanka from West Asia Conflict Impact
FINANCIAL CHRONICLE – The Asian Development Bank (ADB) is prepared to provide an additional 100 million dollars in budget support as part of a financial […]
Sri Lanka Central Bank Governor: External Controls Are Not the Solution to Addressing War Fallout
FINANCIAL CHRONICLE – Imposing external controls is not the right way to tackle any fallouts from the Middle East conflict on Sri Lanka, Central Bank […]
Sri Lanka Central Bank Chief Warns of Potentially Significant Changes in IMF Conditions in Upcoming Reviews
FINANCIAL CHRONICLE – There could be significant changes to the conditions regarding Sri Lanka’s reform programme with the International Monetary Fund (IMF) during the upcoming […]
Sri Lanka Central Bank Maintains Key Policy Rate Steady Amid Currency Depreciation and Declining Inflation
FINANCIAL CHRONICLE – The Central Bank of Sri Lanka has decided to keep its Overnight Policy Rate (OPR) unchanged at 7.75%. This decision was announced […]
Sri Lanka Achieves Impressive 5% GDP Growth for the Second Year in a Row
FINANCIAL CHRONICLE – Sri Lanka has recorded a 5 percent growth in gross domestic product (GDP) for 2025, surpassing 106.8 billion dollars, according to provisional […]
ADB President Champions Private Sector Growth During Sri Lanka Visit
ECONMYNEXT – Asian Development Bank (ADB) President Masato Kanda stated that he will engage with the Sri Lankan government, private sector, and local communities upon […]
Sri Lanka’s Fuel Shock Exposes Deep Economic Fault Lines as Crisis Risks Re-emerge
Sri Lanka’s latest fuel price increase has triggered a renewed wave of anxiety across an already fragile economy, raising serious concerns that the country may […]
IMF Leverage and the Shadow of US Influence: Sri Lanka’s Tightrope Ahead of Key Reviews
As Sri Lanka approaches the combined fifth and sixth reviews of its IMF programme, the process is being framed as a routine assessment of fiscal […]
Sri Lanka’s Tourism, Tea, and Textile Sectors Face Setbacks Amid Gulf Tensions
FINANCIAL CHRONICLE – Soon after the United States and Israel began bombing Iran on February 28, Sri Lanka’s stock market experienced its first casualty. The […]
IMF Delegation Arrives in Sri Lanka for Dual Reform Assessments
FINANCIAL CHRONICLE – An International Monetary Fund staff team will be in Colombo from next Monday to hold discussions on the island nation’s fifth and […]
Sri Lanka’s GDP Expands by 4.8% in Q4, Achieves 5.0% Annual Growth Amidst Low Inflation
FINANCIAL CHRONICLE – Sri Lanka’s economy grew 4.8 percent in the fourth quarter of 2025, with full-year growth estimated at 5.0 percent, helped by lower […]
Sri Lanka Urged to Maintain Robust Fiscal and External Measures for Stability: Central Bank
FINANCIAL CHRONICLE – Sri Lanka needs to sustain its fiscal consolidation efforts and strengthen external sector buffers to safeguard macrofinancial stability, the Central Bank said […]
Sri Lanka’s Recovery in Peril as Cyclone Fallout Meets Oil Shock
Colombo, March 2026 – Sri Lanka’s fragile economic comeback is facing a brutal reality check. Just as the island began clawing its way out of its […]
Sri Lanka’s Service Sector Growth Slows in February 2026: PMI Report
FINANCIAL CHRONICLE – Sri Lanka’s services sector activities expanded at a slower rate in February 2026, with a Purchasing Managers Index compiled by the central […]
Sri Lanka’s Manufacturing Sector Sees Continued Growth in February 2026: PMI Report
FINANCIAL CHRONICLE – Sri Lanka’s manufacturing sector continued to expand in February, registering a value of 56.8 on the Purchasing Managers Index compiled by the […]
Foreign Investors Offload $14.6 Million in Sri Lanka Rupee Bonds Amid Depreciation Concerns
FINANCIAL CHRONICLE – Foreign investors sold US$14.6 million worth of Sri Lanka government securities in the week ended March 12, Central Bank data showed, amid […]
Sri Lanka Must Take Bold Steps to Prevent Another Economic Crisis
Colombo: As Sri Lanka slowly emerges from the devastating economic collapse of 2022, economists warn that the recovery remains fragile and that decisive policy action is […]