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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Government & Economy Sri Lanka Business News Sri Lanka Latest News

World Bank: Economic Recovery Progress But Challenges Remain

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 […]

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