The Auditor General has warned of a “high potential” for foreign loan disbursements received during 2025 to have remained unrecorded in both the Government’s Financial Statements and the Debt Management System, while ide

Sri Lanka’s tourism industry achieved a historic milestone in May, recording its highest-ever tourist arrivals for the month with 145,745 visitors, surpassing the previous May record of 132,919 arrivals in 2025 and regis

Sri Lanka’s banking sector recorded strong lending growth and improving asset quality in the year to end-March 2026, although profitability moderated amid higher impairment charges and operating expenses, according to re

The International Monetary Fund (IMF) has granted Sri Lanka a waiver of non-observance of a key program performance criterion after a cybercrime incident resulted in a missed external debt payment of approximately $ 2.5

The Government has reaffirmed its commitment to structural reforms aimed at strengthening economic resilience and sustaining fiscal consolidation, even as Sri Lanka’s primary surplus is projected to moderate to 1% of GDP

Treasury Secretary Dr. Harshana Suriyapperuma yesterday signalled that Sri Lanka will seek to explore options within its International Monetary Fund (IMF) program to address the economic fallout from the Middle East cris

By Charumini de Silva The Central Bank of Sri Lanka (CBSL) yesterday launched a month-long countrywide awareness campaign titled “Be Scam Proof”, warning that increasingly sophisticated digital fraud and persistent illeg

The Supreme Court has overturned a Colombo High Court Trial-at-Bar decision that acquitted former Finance Minister Ravi Karunanayake, former Central Bank Governor Arjuna Mahendran and several other

The most diversified conglomerate Hayleys Group has delivered a record performance during the financial year ended 31 March 2026, achieving the highest revenue in its history with a 19% year-on-year (YoY) increase to Rs.

Prime Minister Dr. Harini Amarasuriya yesterday pitched Sri Lanka as a resilient and reform-driven investment destination to German businesses, whilst assuring policy consistency, macroeconomic stability and stronger gov

In an expected yet major confidence boost, the Executive Board of the International Monetary Fund (IMF) yesterday approved the combined Fifth and Sixth Reviews under Sri Lanka’s four-year Extended Fund Facility (EFF) pro