Sri Lanka News News Sri Lanka » Economy: Sri Lanka’s Fertility Fall May Outlast Its Economic Recovery
Sri Lanka’s Total Fertility Rate (TFR) is 1.3, according to the latest census. This is lower than that of non-Hispanic whites in the United States. This is a drastic drop since 2016, when the ...
News Sri Lanka » Economy: Sri Lanka's presidential election a test for current leader, 2 years after its economy hit bottom
COLOMBO, Sri Lanka (AP) — Two years ago, food cart worker Fathima Shiyama had to wait in line, sometimes for days, to get cooking gas, fuel and other essentials. It was a test of patience for her and ...
News Sri Lanka » Economy: Sri Lanka braces for new economic crisis as war on Iran continues
For many Sri Lankans, the fuel shortage triggered by the war carries echoes of the 2022 economic crisis – with a twist.
News Sri Lanka » Economy: Sri Lanka’s Many IMF Programs: What’s Changed and What Hasn’t
Over the past two decades, Sri Lanka’s economic trajectory has been significantly shaped by assistance from the International Monetary Fund (IMF). Through a series of programs, the IMF has sought to ...
News Sri Lanka » Economy: Sri Lanka's debt-ridden economy gradually improving, IMF says
The economic situation in debt-stricken Sri Lanka has started to gradually improve following its worst economic crisis two years ago, the International Monetary Fund said Thursday. The country's ...
News Sri Lanka » Economy: Sri Lanka's Economy Grew 5% in 2024 in Strong Rebound From Financial Crisis
(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 economy ...
News Sri Lanka » Economy: Sri Lanka struggles to avert economic collapse over Middle East war
Panic buying of fuel in Sri Lanka has brought back memories of 2022, when the economy tanked. Read more at straitstimes.com. Read more at straitstimes.com.
News Sri Lanka » Economy: China, Sri Lanka agree more investment and economic cooperation
BEIJING (Reuters) -China and Sri Lanka agreed on more investment and economic cooperation on Wednesday as China's President Xi Jinping met recently-elected Sri Lankan President Anura Kumara ...
News Sri Lanka » Economy: Sri Lanka's central bank says more rate cuts are needed for economy to 'bounce back'
Governor Nandalal Weerasinghe the Central Bank of Sri Lanka told CNBC that more rate cuts will be needed to boost the economy to growth. The central bank lowered its policy interest rate for a second ...
News Sri Lanka » Economy: Sri Lanka's economy is fragile, and it depends on tourism
A series of deadly attacks could deal a body blow to one of Asia's fragile economies. Bombs ripped through churches and luxury hotels in Sri Lanka on Easter Sunday, killing at least 290 people and ...
News Sri Lanka » Economy: Sri Lanka struggles to avert economic collapse over Mideast war
Sri Lanka is struggling to prevent a repeat of its spectacular economic collapse four years ago, as the prolonged Middle East war compounds the fallout from a deadly ...