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IMF staff and the Sri Lankan authorities have reached staff-level agreement on economic policies to conclude the third review of Sri Lanka s economic reform program supported by the IMF s Extended Fund Facility (EFF). MORE..

23 Nov 2024 (12:59 PM)

President Anura Kumara Dissanayake stated that if the current government fails to meet the expectations set by the people in the recent mandate, it could lead to citizens losing hope in envisioning a prosperous future. MORE..

23 Nov 2024 (10:33 AM)

The government announced that the Rs. 3,000 allowance designated for elderly individuals aged over 70, enrolled in the "Aswesuma" welfare benefit program, has been credited to their respective bank accounts. MORE..

22 Nov 2024 (5:33 PM)

Sarvajana Balaya Member of Parliament, Dilith Jayaweera, has emphasized the need to change the prevailing parliamentary system of the opposition opposing all initiatives of the government and to establish a knowledgeable tradition within the legislative framework. MORE..

22 Nov 2024 (6:11 PM)

Sri Lankan banks operating environment (OE) assessment and overall credit profiles will be supported by any improvement in the sovereign s credit profile (Long-Term Foreign-Currency IDR- RD, Long-Term Local-Currency IDR- CCC-) following a completed debt restructuring, says Fitch Ratings. MORE..

22 Nov 2024 (2:06 PM)

Valery Zaluzhny, former military Commander-in-Chief of Ukraine, believes World War III is underway, adding the direct involvement of Russian allies in the conflict indicates the same. MORE..

22 Nov 2024 (11:40 PM)