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 […]
Colombo, October 2025 —The World Bank’s latest Sri Lanka Development Update projects economic growth of 4.6% for 2025, but warns that the recovery remains uneven and vulnerable to external shocks. The report, titled “Resilience in Transition,” highlights that while inflation has moderated and reserves have improved, household income levels have not returned to pre-crisis conditions. […]
Colombo, Sri Lanka – September 2025 The government of President Anura Kumara Dissanayake has unveiled its first full national budget, aiming to deliver 5% economic growth in 2025 while laying the foundation for long-term fiscal stability. This budget comes at a crucial time, as the nation continues to rebuild from its financial crisis and restore […]
