Sri Lanka News » Eastern News Sri Lanka » Eastern » Economy: Sri Lanka gets back upper-middle income economy status
The recovery is attributed to revival in tourism, stronger worker remittances, improving external sector performance and a return to economic growth following two years of contraction.
News Sri Lanka » Eastern » Economy: As Sri Lanka’s economy pivots from tourism, it’s well placed to benefit from global trade and geopolitical jostling – new research
With its natural beauty, wildlife and culture, Sri Lanka is known as the “pearl of the Indian Ocean”, and attracts millions of tourists every year. But my research suggests that the country might not ...
News Sri Lanka » Eastern » Economy: How Sri Lanka is Rewriting its Economic Narrative
Two weeks after the International Monetary Fund (IMF) completed its third review of Sri Lanka’s Extended Fund Facility, unlocking millions in critical funding, President Anura Kumara Dissanayake’s ...
News Sri Lanka » Eastern » Economy: Sri Lanka's economy grew 5% in 2024 in strong rebound from financial crisis
March 18 (Reuters) - Sri Lanka's economy grew 5% last year, official data showed on Tuesday, beating forecasts, and marking a strong rebound from the country's worst financial crisis in decades, The ...
News Sri Lanka » Eastern » Economy: Sri Lanka's Economy Outpaces Growth Projections, More Efforts Needed to Reduce Poverty, Boost Medium-term Growth
Sri Lanka’s economy has made a remarkable recovery in 2024, surpassing growth expectations by recording 5 percent growth, compared to the projected 4.4 percent, says the World Bank. This growth has ...
News Sri Lanka » Eastern » Economy: Sri Lanka's economy still vulnerable despite Middle East crisis easing, reforms key says IMF
Sri Lanka’s economy is still vulnerable to external shocks despite the Middle East crisis easing, an official of the International Monetary Fund (IMF) said on Tuesday calling on the island nation to ...
News Sri Lanka » Eastern » Economy: As Sri Lanka Heads to the Polls, Economy Takes Center Stage
This issue is preventing our website from loading properly. Please review the following troubleshooting tips or contact us at [email protected]. Analysis: As Sri Lanka Heads to the Polls, Economy ...
News Sri Lanka » Eastern » Economy: Middle East conflict hits Sri Lanka's tea industry, heightens economic strain
COLOMBO, May 21 (Reuters) - Tea factory worker Jacintha Malar once relied on cooking gas to prepare meals for her family, but has switched to firewood after the Middle East conflict pushed up energy ...
News Sri Lanka » Eastern » Economy: Sri Lanka foreign reserves fall 6.2-pct in June 2026
ECONOMYNEXT – Sri Lanka’s foreign reserves fell 6.2 percent to US$ 6,450 million by end June 2026, from 6,873 million dollars a month earlier amid central bank purchasing US$70.5 million on a net ...
News Sri Lanka » Eastern » Economy: Sri Lanka maps out long-term BIA expansion, port development for 2027 budget
Sri Lanka plans to expand the annual passenger capacity of the Bandaranaike International Airport (BIA) in Katunayake to 24.2 million by the year 2055 under a new 30-year development blueprint, the ...