Sri Lanka Customs is expected to exceed its 2025 revenue target by more than 400 billion rupees, supported largely by taxes on vehicle imports, Director […]
Category: Economy
Coverage of macroeconomic trends, fiscal and monetary policy, public finance, inflation, debt, and structural reforms impacting the national economy.
Sri Lanka’s tea industry not impacted by Ditwah, traders’ body says
Sri Lanka’s tea manufacturing capacity has not been harmed by Cyclone Ditwah, even though some tea-growing areas in the Uva and the Central Province were […]
IMF Prioritises Emergency Funding for Sri Lanka Ahead of Fifth Review
The International Monetary Fund (IMF) will resume discussions on completing the Fifth Review of Sri Lanka’s Extended Fund Facility (EFF) in January, following its decision to prioritise […]
CBSL Orders Debt Relief and Low-Interest Loans for Cyclone-Hit Individuals and Businesses
The Central Bank of Sri Lanka (CBSL) has directed all licensed banks to offer urgent financial relief to individuals and businesses affected by recent cyclonic […]
Banks’ Association pledges strong support for economic recovery
In a discussion with the Governor of the Central Bank of Sri Lanka (CBSL), the Sri Lanka Banks’ Association (SLBA) stated that it will provide […]
IMF pledges swift release of $350 Mn sixth tranche
The Ministry of Finance convened a high-level donor forum bringing together diplomatic missions, bilateral and multilateral development partners and international lending agencies to assess the […]
Sri Lanka says minimum damage to tourism infrastructure; ready to receive foreigners
Stakeholders in Sri Lanka’s tourism industry say the island nation is ready to receive tourists as usual in the Winter season as Cyclone Ditwah-hit devastation […]
Nations Trust Bank (NTB) Accused of Potential Double Recovery in HSBC Loan Acquisition
Concerns are mounting over the legal rights of thousands of HSBC Sri Lanka customers particularly those classified as bad or non-performing borrowers following the Central […]
Cyclone Ditwah devastation to cost Sri Lanka up to $7 billion: official
Sri Lanka’s total economic loss from Cyclone Ditwah is estimated to be between $6 billion and $7 billion, which is roughly 3-5 per cent of […]
Sri Lanka Economic Pressures Intensify
The cyclone’s economic impact comes as Sri Lanka’s external sector faces renewed strain. The Central Bank’s latest data shows that the country recorded current account […]
Sri Lanka Apparel Exports Show Resilience amid Global Market Challenges
Sri Lanka’s apparel industry continues to demonstrate steady performance despite challenging global conditions, according to the Joint Apparel Association Forum (JAAF). Exports of apparel and […]
CCPI Inflation Holds Steady at 2.1% in November 2025 Amid Mixed Sector Movements
Sri Lanka’s headline inflation, as measured by the Colombo Consumer Price Index (CCPI, 2021=100), remained unchanged at 2.1% year-on-year in November 2025, maintaining the same level […]
Sri Lanka Appeals for International Aid as Floods Deepen Economic Strain
Sri Lanka has appealed for at least Rs. 31 billion in international assistance after catastrophic floods swept across the island, destroying farmland, crippling irrigation systems, […]
Sri Lanka’s Insurance Sector Braces for Heavy Losses as Cyclone Ditwah Floods Trigger Surge in Claims
Sri Lanka’s insurance sector is assessing the financial fallout from Cyclone Ditwah, which triggered severe floods, widespread property damage and large-scale displacement across multiple districts […]
Sri Lanka’s Insurance Sector Enters Renewed Growth Cycle Amid Rising Demand and Economic Stability
Sri Lanka’s insurance industry is entering a strong recovery phase, supported by rising economic stability, higher financial literacy, and renewed demand for protection-based products. According […]
The State Banks: Is Financial gain the only requirement?
Sri Lanka’s two state banks recently published their financials. It wasn’t compelling reading, but it certainly stirred up a few questions – and honestly, they […]
Pettah Floating Market to Japanese at USD 160 Million
The Urban Development Authority (UDA) is reported to be preparing to lease the Pettah Floating Market to a Japanese investor for USD 160 million, it […]
Government’s Dollar Bond Issue Triggers Major Market Sell-Off
Colombo, November 24, 2025 – Sri Lanka’s stock market experienced a sharp downturn today after the Government announced the launch of a new auction for […]