Fitch Ratings has upgraded Sri Lanka’s sovereign credit rating from CCC+ to B− with a Stable Outlook, citing macroeconomic stabilisation, structural reforms and improvements in fiscal and external balances. High government debt and limited reserve buffers remain key risks.
Sri Lanka Approves Rs.7.5bn Paddy Loan Scheme Small and medium-scale rice millers are set to receive interest-free financing of up to Rs.25 million to purchase paddy at government-guaranteed prices, as Sri Lanka expands its 2026 Yala procurement programme beyond the capacity of the Paddy Marketing Board. Published: 26 August 2026Dateline: Colombo, Sri LankaSri Lanka has […]
Sri Lanka’s Finance Professionals Are Moving Beyond Reporting to Strategy, Resilience and Long-Term Value Global instability, changing trade relationships, artificial intelligence and sustainability obligations are expanding the role of finance professionals. Sri Lanka’s National Management Accounting Conference 2026 demonstrated how management accountants can move beyond historical reporting to strengthen governance, manage risk, improve decisions and […]
