Search result for 'anura kumara dissanayake'

World Bank Offers $1 Billion to Boost Sri Lanka's Economy

May 7, 2025 22:14

The World Bank has announced a USD 1 billion package for Sri Lanka to support job creation, private sector growth, and attract investment over the next three years. This comes amid Sri Lanka's...

Trump Tariffs Impact Sri Lanka: IMF

April 29, 2025 21:36

The IMF warns of significant impact from Trump tariffs on Sri Lankan exports, particularly apparel and rubber. The organization will assess the implications for the country's economic program.

Sri Lanka to Work with US on Trade Deficit, Tariffs

April 25, 2025 12:56

Sri Lanka has committed to working with the US to reduce the trade deficit and lower tariffs. The delegation discussed challenges faced by the island nation and steps to overcome future issues.

IMF: Trump Tariffs Create Uncertainty for Sri Lanka's Recovery

April 11, 2025 14:16

The IMF warns of uncertainty for Sri Lanka's economic recovery due to Trump tariffs, despite positive growth figures. The global lender is assessing the impact of the tariffs on the country's...

Sri Lanka Leaders Discuss Trump Tariffs Impact

April 10, 2025 20:44

Sri Lankan leaders met to discuss the impact of Trump's new tariffs on the country's exports, particularly apparel and rubber goods.

Modi Launches Railway Projects in Sri Lanka, Visits Buddhist Shrine

April 6, 2025 13:54

Prime Minister Narendra Modi inaugurated two India-assisted railway projects in Sri Lanka and visited the Jaya Sri Maha Bodhi temple in Anuradhapura, reaffirming the strong ties between the two...

India, Sri Lanka, UAE Partner for Trincomalee Energy Hub

April 5, 2025 21:21

India, Sri Lanka, and the UAE have signed a tripartite agreement to develop Trincomalee as an energy hub, boosting Sri Lanka's energy security and economic growth.

India, Sri Lanka Sign Major Defence Pact - PM Modi, President Dissanayake

April 5, 2025 13:51

India and Sri Lanka signed a major defence pact, outlining deeper cooperation, during PM Modi's visit. The pact, along with other agreements, aims to strengthen bilateral ties and ensure regional...

Sri Lanka Appoints Committee to Assess US Tariff Impact

April 3, 2025 18:41

Sri Lanka has appointed a committee to assess the impact of new US tariffs on its economy, which could significantly impact exports to the US. The apparel sector, a key driver of the economy, is...

Sri Lanka's Economic Recovery: Foreign Projects Resumed - Dissanayake

April 1, 2025 16:07

Sri Lankan President Dissanayake highlights the economic recovery leading to the resumption of foreign-funded projects, including airport and highway developments, after a period of halted projects...

IMF Stresses Sri Lanka's Reform Agenda - PTI

March 8, 2025 18:42

The IMF has stressed the need for Sri Lanka to sustain its reform agenda linked to the global lender's bailout program, focusing on sustainable and equitable growth.

IMF Releases Fourth Tranche of Sri Lanka Bailout

March 1, 2025 10:51

The IMF has released the fourth tranche of its USD 2.9 billion bailout package to Sri Lanka, bringing total funding to USD 1.3 billion. The move aims to strengthen the island nation's recovery from...

Sri Lanka & India Partner for Solar Power Plants in Trincomalee

February 20, 2025 17:48

Sri Lanka and India have agreed to build solar power plants in Trincomalee, replacing a planned coal plant. The project will be a joint venture between the Ceylon Electricity Board and National...

Sri Lanka Budget: No Regret Over Adani's Green Energy Exit

February 17, 2025 19:30

Sri Lanka's President defends the government's decision to let Adani Group quit green energy projects, citing a more favorable offer. The move follows opposition criticism and legal challenges.

Adani Withdraws From Sri Lanka Power Project

February 13, 2025 14:56

Adani Green Energy has withdrawn from two wind power projects in Sri Lanka following the government's decision to renegotiate tariffs. The company was to invest USD 1 billion in the project.

Sri Lanka IMF Tranche Release Imminent: Officials

February 7, 2025 14:23

Sri Lanka is set to receive a USD 333 million IMF tranche soon, bringing the total bailout to nearly USD 3 billion. The release follows a staff-level agreement on the third review of the program,...

Sri Lanka Prez Calls for Unity to Achieve Economic Freedom

February 4, 2025 12:02

Sri Lankan President Anura Kumara Dissanayake emphasizes the need for national unity to achieve economic freedom, addressing the nation's economic challenges and the need for a united front against...

Sri Lanka Lifts Vehicle Import Ban After Economic Crisis

January 28, 2025 16:02

Sri Lanka has lifted the ban on vehicle imports imposed in 2020 due to the COVID-19 pandemic. The ban was lifted as the country's economy has improved following an IMF bailout.

Sri Lanka Officially Ends Debt Default: Fitch Rating Upgrade

December 21, 2024 17:57

Sri Lanka has officially exited debt default after Fitch Ratings upgraded its credit rating, citing completed debt restructuring and improved macroeconomic indicators. The island nation faced a...

Sri Lanka, China Advance BRI Development: Report

December 20, 2024 23:51

Sri Lanka and China reaffirm commitment to high-quality development under the Belt and Road Initiative (BRI), focusing on economic cooperation and adhering to the one-China principle.

Sri Lanka Lifts Vehicle Import Ban After 4 Years

December 19, 2024 11:05

Sri Lanka lifts the vehicle import ban imposed in 2020, allowing public transport vehicle imports immediately and private vehicle imports from February 2025. The move aims to boost the economy and...

Sri Lanka Wins IMF Tax Relief: President Dissanayake

December 18, 2024 16:14

Sri Lanka secures IMF tax relief & car import resumption. President Dissanayake announces agreement, including PAYE tax adjustments and debt restructuring for small businesses.

Sri Lanka Completes ISBs Exchange, Restructuring Debt

December 14, 2024 22:53

Sri Lanka successfully completes its International Sovereign Bonds exchange offer, securing debt restructuring and new securities with 98% participation. This move helps the nation maintain debt...

Sri Lanka Approves Adani Colombo Port Project, Rejects Wind Farm

December 13, 2024 13:17

Sri Lanka's ports minister confirms support for Adani's Colombo Port project, funded by the company. However, the government opposes Adani's wind farm project in Mannar due to environmental concerns.

Sri Lanka Interim Budget Passed Unanimously

December 6, 2024 19:20

Sri Lanka's interim budget for the first four months of 2025 was approved in parliament on Friday, covering debt servicing and government expenditure. The new NPP government aims to complete debt...

Sri Lanka Ratifies Debt Restructuring: IMF Bailout Key

November 26, 2024 16:46

Sri Lanka's new government has ratified a debt restructuring agreement, a crucial step in securing the fourth tranche of a USD 3 billion IMF bailout package. The agreement, reached under the...

Sri Lanka Interim Budget: Dec 5, Full Budget in Feb 2025

November 26, 2024 15:32

Sri Lanka's new government will present an interim budget on December 5, followed by the full budget for 2025 on February 17. The interim budget aims to ensure government operations and debt...

Sri Lanka's Dissanayake Must Implement India Vision Document: Wickremesinghe

November 22, 2024 23:03

Former Sri Lankan President Ranil Wickremesinghe urges successor Anura Kumara Dissanayake to fully implement the 'vision document' signed with India last year, emphasizing economic partnership and...

Sri Lanka Prez Urges IMF Balance in Recovery

November 18, 2024 19:56

Sri Lanka's President Dissanayake calls on IMF to consider economic hardships while implementing recovery program, urging balance in conditions.

IMF Team Reviews Sri Lanka's Economic Reform Program

November 17, 2024 21:27

The IMF team has arrived in Sri Lanka to conduct the third review of the USD 3 billion bailout package, assessing the country's economic reform progress and debt restructuring efforts.

Sri Lanka President's Policy Statement at Parliament Inauguration

November 16, 2024 17:24

Sri Lankan President Anura Kumara Dissanayake will present his government's policy statement at the inaugural session of the new parliament on November 21. The NPP won a landslide victory, securing...

Sri Lanka Reverses IMF Reform for CEB Privatization

November 5, 2024 13:47

Sri Lanka's new government has reversed a key IMF bailout reform concerning the privatization of the state-owned Ceylon Electricity Board (CEB).

India's Development Aid to Sri Lanka: Investments & Grants

October 15, 2024 20:30

India has completed 60 grant projects in Sri Lanka and is implementing more, emphasizing investment and grants over debt instruments to support the nation's economic recovery.

Sri Lanka Economy Stabilizes: World Bank Predicts 4.4% Growth in 2024

October 10, 2024 15:47

Sri Lanka's economy has stabilized after its 2022 crisis, with the World Bank predicting 4.4% growth in 2024. However, challenges remain, including debt restructuring and poverty reduction.

Sri Lanka Debt Restructuring: Jaishankar's Visit Crucial - News

October 8, 2024 16:45

Sri Lanka's Foreign Minister highlights the significance of External Affairs Minister S Jaishankar's visit in finalizing debt restructuring with international bondholders. The visit comes after a...

IMF Team to Discuss Loan with Sri Lanka's New Government

October 1, 2024 11:27

An IMF team will visit Sri Lanka to discuss economic reforms and a loan agreement with the new government led by President Anura Kumara Dissanayake. The visit comes as the country faces an economic...

IMF to Discuss Sri Lanka Loan with New President

September 24, 2024 09:40

The IMF will discuss the timing of the next review of Sri Lanka's loan program with the new government led by President Anura Kumara Dissanayake.

Sri Lanka Election: JVP Vows to Cancel Adani Project

September 16, 2024 12:43

Sri Lanka's JVP party has pledged to cancel the Adani Group's wind power project if elected in the upcoming presidential election. The party cites concerns about energy sovereignty and transparency...

Sri Lanka's Debt Sustainability: IMF Program at Risk

September 6, 2024 19:01

Sri Lanka's Finance Ministry warns that any attempt to revisit the country's debt sustainability assessment could derail the ongoing IMF bailout program, potentially delaying an agreement for...

Sri Lanka Election: Wickremesinghe's Manifesto Focuses on Economic Recovery

August 29, 2024 18:08

Sri Lankan President Ranil Wickremesinghe's election manifesto emphasizes economic recovery through continued IMF program and partnerships with international creditors.

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Search result for 'anura kumara dissanayake'

World Bank Offers $1 Billion to Boost Sri Lanka's Economy

Trump Tariffs Impact Sri Lanka: IMF

Sri Lanka to Work with US on Trade Deficit, Tariffs

IMF: Trump Tariffs Create Uncertainty for Sri Lanka's Recovery

Sri Lanka Leaders Discuss Trump Tariffs Impact

Modi Launches Railway Projects in Sri Lanka, Visits Buddhist Shrine

India, Sri Lanka, UAE Partner for Trincomalee Energy Hub

India, Sri Lanka Sign Major Defence Pact - PM Modi, President Dissanayake

Sri Lanka Appoints Committee to Assess US Tariff Impact

Sri Lanka's Economic Recovery: Foreign Projects Resumed - Dissanayake

IMF Stresses Sri Lanka's Reform Agenda - PTI

IMF Releases Fourth Tranche of Sri Lanka Bailout

Sri Lanka & India Partner for Solar Power Plants in Trincomalee

Sri Lanka Budget: No Regret Over Adani's Green Energy Exit

Adani Withdraws From Sri Lanka Power Project

Sri Lanka IMF Tranche Release Imminent: Officials

Sri Lanka Prez Calls for Unity to Achieve Economic Freedom

Sri Lanka Lifts Vehicle Import Ban After Economic Crisis

Sri Lanka Officially Ends Debt Default: Fitch Rating Upgrade

Sri Lanka, China Advance BRI Development: Report

Sri Lanka Lifts Vehicle Import Ban After 4 Years

Sri Lanka Wins IMF Tax Relief: President Dissanayake

Sri Lanka Completes ISBs Exchange, Restructuring Debt

Sri Lanka Approves Adani Colombo Port Project, Rejects Wind Farm

Sri Lanka Interim Budget Passed Unanimously

Sri Lanka Ratifies Debt Restructuring: IMF Bailout Key

Sri Lanka Interim Budget: Dec 5, Full Budget in Feb 2025

Sri Lanka's Dissanayake Must Implement India Vision Document: Wickremesinghe

Sri Lanka Prez Urges IMF Balance in Recovery

IMF Team Reviews Sri Lanka's Economic Reform Program

Sri Lanka President's Policy Statement at Parliament Inauguration

Sri Lanka Reverses IMF Reform for CEB Privatization

India's Development Aid to Sri Lanka: Investments & Grants

Sri Lanka Economy Stabilizes: World Bank Predicts 4.4% Growth in 2024

Sri Lanka Debt Restructuring: Jaishankar's Visit Crucial - News

IMF Team to Discuss Loan with Sri Lanka's New Government

IMF to Discuss Sri Lanka Loan with New President

Sri Lanka Election: JVP Vows to Cancel Adani Project

Sri Lanka's Debt Sustainability: IMF Program at Risk

Sri Lanka Election: Wickremesinghe's Manifesto Focuses on Economic Recovery

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