It also provides a buffer to the poor who are bearing the brunt of the current unprecedented economic crisis.
Read moreThe IMF required the country to first arrange additional funds to cover the rest of its external funding shortfall for...
Read moreSri Lanka’s 2023 budget would aim to reduce the fiscal deficit to 6.8 per cent in 2023 from the projected...
Read moreThe import of over 300 items has been temporarily suspended with effect from today (August 23) under the Import and...
Read moreSri Lanka ranks fifth, only behind Lebanon, Zimbabwe, Venezuela and Türkiye, with the highest food price inflation in the world,...
Read moreNew data published by the World Federation of Exchanges (WFE), the global industry group for exchanges and central clearing counterparties,...
Read moreThe International Monetary Fund said it will need "adequate assurances" from Sri Lanka's creditors for a new program as it...
Read moreA one-month amnesty period to deposit/sell foreign currency in the public's possession will begin on August 15th, according to the...
Read moreLiberalization greatly helped, but consistency is required for full benefits
Read moreRemittances do raise consumption levels and reduce inequalities, but do they also lead to greater investment?
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