Providing Tax breaks can incentivize property developers to invest in new projects, creating jobs and boosting local ...
The proposed Imputed Rental Income Tax next year could encourage a trend among Sri Lankan people to rent homes over ...
In its June 21, 2022, lawsuit Hamilton Reserve Bank—which is not participating in Sri Lanka's debt restructuring negotiations ...
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.
The leading contenders to replace 80-year-old President Nana Akufo-Addo, who is stepping down after two terms at the helm of ...
Good morning, ladies and gentlemen. Thank you very much for joining us today, and welcome to the IMF Press Briefing. I am Martha Woldemichael. I'm the IMF Resident Representative based here in Colombo ...
COLOMBO (Reuters) -Sri Lanka's central bank set a new single policy rate of 8% on Wednesday, easing monetary settings below ...
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri ...
The global economy is expected to grow at 3.2% and 2.7% in 2024 according to the IMF and UNCTAD, respectively.
Sri Lanka launched a long-awaited bond swap on Tuesday, a major step to completing its $12.55 billion debt restructuring and ...
Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in international sovereign bonds, a key condition to maintain an IMF bailout loan.