Government & Economy Sri Lanka Business News Sri Lanka Latest News

IMF Mission to Assess Economic Fallout from Cyclone Ditwah in Sri Lanka

Sri Lanka’s fragile economic recovery faces renewed pressure as an International Monetary Fund (IMF) mission prepares to assess the financial and structural damage caused by Cyclone Ditwah. Scheduled from January 22 to 28, the mission’s findings are expected to influence recovery funding, fiscal planning, and long-term resilience strategies at a time when the country remains […]

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Government & Economy Local Business Spotlights Sri Lanka Business News

World Bank: Sri Lanka’s Recovery Still Fragile — Reforms Needed to Secure Growth

The World Bank’s latest report on Sri Lanka’s economic outlook delivers a mixed message — acknowledging progress while warning that the recovery remains incomplete without deep structural reforms. Progress Since the Crisis Sri Lanka’s economy collapsed in 2022 due to severe foreign exchange shortages, spiraling inflation, and political unrest. Since then, the country has made […]

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