A group of 121 internationally renowned economists and academics has issued a strong rebuttal to recent public comments defending Sri Lanka’s IMF-backed debt program, renewing […]
Category: Economy
Coverage of macroeconomic trends, fiscal and monetary policy, public finance, inflation, debt, and structural reforms impacting the national economy.
Sri Lanka looking at providing regular pension through EPF: Deputy Labour Minister
Sri Lankan authorities are currently exploring the feasibility of offering a regular pension, or annuity, to contributors of the Employees Provident Fund (EPF), according to […]
Sri Lanka budget deficit to rise 1.4-pct in 2026 on Cyclone spending
Sri Lanka’s budget deficit is projected to increase by 1.4 percent, reaching 6.5 percent of the gross domestic product (GDP) in 2026. This rise is […]
Sri Lanka records highest remittances of around US$7.8bn last year : Minister
Sri Lanka has achieved approximately 7.8 billion U.S. dollars in foreign remittances from its expatriate community, according to Foreign and Foreign Employment Minister Vijitha Herath. […]
The Central Bank Optimism Masks Sri Lanka’s Post-Cyclone Reality
Sri Lanka has just endured one of the worst natural disasters in its post-independence history. Cyclone Ditwa has inflicted devastation across livelihoods, infrastructure, agriculture, and […]
Sri Lanka current forex inflows US$504mn above imports in Nov
In November 2025, Sri Lanka experienced a positive foreign exchange balance, with inflows from exports, remittances, and gross services surpassing imports by 504 million US […]
How Shock Resilient is Sri Lanka?
How repeated shocks have hit Sri Lanka’s GDP, how many shocks can this economy take? How Many Shocks Can Sri Lanka Take? The chart tells […]
Sri Lanka Customs misses December revenue target; outperforms in 2025
Sri Lanka Customs experienced a 16.4 percent decrease in revenue collection for December compared to the estimated target for the month, official data reveals. Despite […]
Sri Lanka total imports down in Nov, car imports US$1.3bn in 11 months
Sri Lanka’s total imports decreased to $1,779 million in November 2025, compared to a peak of $2,157 million in October, according to official data. This […]
Sri Lanka current account surplus $82mn in Nov 2025, rupee falls faster
Sri Lanka achieved an external current account surplus of $82 million in November 2025, according to data released by the central bank. This development comes […]
Sri Lanka construction increases in November 2025: PMI
Sri Lanka’s construction sector experienced growth in November, achieving a Purchasing Managers Index (PMI) value of 66.2, compared to 64.3 in the previous month, according […]
Sri Lanka’s central bank closes its public debt department
The Central Bank of Sri Lanka has announced the closure of the Public Debt Department (PDD) and the transfer of the LankaSecure Division from the […]
Sri Lanka President warns of challenges ahead in new year message
FINANCIAL CHRONICLE – In his New Year message, President Anura Dissanayake emphasized the long journey ahead for Sri Lankans and called on citizens to unite […]
Sri Lanka ends 2025 with inflation at 2.1-pct, food prices spike in Dec
According to data from Sri Lanka’s state statistics office, the country’s inflation rate stood at 2.1 percent for the 12 months leading up to December […]
Sri Lanka 2025: A Year of Recovery, Reforms, and Ruin
In 2025, Sri Lanka, under the governance of the National People’s Power (NPP), experienced significant challenges and developments. The year was marked by efforts to […]
Sri Lanka customs earn Rs870bn from vehicle imports in 2025
Sri Lanka Customs has generated 870 billion rupees from vehicle imports, with total collections projected to reach approximately 2,545 billion rupees by the end of […]
Sri Lanka interest rates edge up over 2025
In 2025, Sri Lanka experienced a rise in interest rates, which analysts suggest has reduced the risk of a second sovereign default, despite reserve collections […]
Sri Lanka Releases Comprehensive Macro-Economic Review and Forecast 2026
Colombo, Sri Lanka — LankaBIZ has published its much-anticipated Sri Lanka: Macro Economic Review & Forecast 2026, offering a detailed assessment of the nation’s economic performance and […]