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The International Monetary Fund (IMF) has approved the release of US$ 347 million to Sri Lanka following its third successful program review, further strengthening the country’s path toward fiscal consolidation and macroeconomic stability. This latest disbursement under the Extended Fund Facility (EFF) brings the total IMF support to over US$ 1 billion since the program… Read more: IMF Unlocks US$ 347 Million under Reform Program
The World Bank has released its latest assessment of Sri Lanka’s economy, commending the government for achieving steady recovery while emphasizing that critical challenges remain on the road to sustainable growth. According to the World Bank’s 2025 Sri Lanka Economic Update, the nation has made commendable strides in reducing inflation from the record highs of… Read more: World Bank: Economic Recovery Progress But Challenges Remain
Sri Lanka has re-emerged as a focal point for foreign investors, following a series of economic stabilization efforts and renewed international engagement. A delegation from a leading U.S. think tank recently visited Colombo to assess investment potential in the island’s evolving business landscape, marking a strong signal of growing American interest in Sri Lanka’s economic… Read more: Foreign Investors Eye Sri Lanka: Renewed Global Confidence Amid Economic Recovery
Business magnate Dhammika Perera has partially divested his stake in Commercial Bank of Ceylon PLC, one of Sri Lanka’s most stable and high-performing financial institutions. The transaction, valued at approximately Rs. 5.5 billion, represents a significant portfolio move by one of the country’s most influential investors. Overview of the Transaction The partial sale of shares… Read more: Dhammika Perera Partly Sells Commercial Bank Stake for Rs. 5.5 Billion
Charity
“Wish People” is a charity website dedicated to fulfilling the wishes of people in need. It operates on the principle of granting wishes to those facing challenges. 5% of our profits go towards Wish People (Reg.No :– G A 00263303) Foundation to support people in need in Sri Lanka.