Treasury Secretary Dr. Harshana Suriyapperuma has declined to appear before the Parliamentary Committee on Public Finance (CoPF) today stating that President and Finance Minister Anura Kumara Dissanayake was expected to
The Government said yesterday that neither President and Finance Minister Anura Kumara Dissanayake nor the Cabinet had discussed the reported $ 2.5 million Treasury cyber breach and internal investigation, leaving the ma
The Government has rejected an Opposition request at the party leaders’ meeting to hold a parliamentary debate on the $ 2.5 million Treasury cyber breach, as scrutiny intensifies over the
Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe has pointed to “negligence and vulnerability in Treasury payments” following the $ 2.5 million cyber breach linked to a Government debt tra
The Ceylon Electricity Board (CEB) remained under financial strain in 2025 despite cost-reflective tariff adjustments, the Central Bank said in its Annual Economic Review.
Sri Lanka’s total export earnings registered a modest increase in the first quarter of 2026, reaching over $ 4.3 billion, up 1.6% year-on-year (YoY), according to the Sri Lanka Export Development Board (EDB).
The Government is facing scrutiny following reports that $ 2.5 million (nearly Rs. 800 million) of Treasury funds was diverted during a foreign debt repayment, with the amount yet to reach the intended creditor country.
Fitch Ratings has said that Sri Lanka’s recovery remains fragile despite improved macroeconomic fundamentals, with the Middle East energy shock now testing the gains achieved through stabilisation and reforms. In its lat
The Central Bank of Sri Lanka (CBSL) has warned that the ongoing Middle East conflict could raise inflation, widen the trade deficit, and disrupt key foreign exchange inflows, even as macroeconomic
Sri Lanka’s economic growth is expected to slow to 3.6% in 2026 as higher energy prices weigh on activity, although the economy will regain its pre-crisis size last seen in 2018, the World Bank said in its latest South A
Releasing its latest economic outlook for Sri Lanka yesterday, the Asian Development Bank said that containing the economic fallout from the Mideast war and sustaining growth will depend on maintaining reform momentum an
In a major boost for the country, Sri Lanka has reached a staff-level agreement with the International Monetary Fund (IMF) on the combined Fifth and Sixth Reviews under its $ 3 billion Extended Fund Facility (EFF), posit