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Interim Budget or Secret Budget?
The Ministry of Defense was specified as an implementing agency for two reasons. 1) to establish STEM focused branch campuses. STEM refers to approach of learning that integrates the areas of science, technology, engineering and mathematics. 2) to eliminate corruption through the means of technology infused systems. See the infographic below for more...
Featured Insight
Interim Budget or Secret Budget?
The Ministry of Defense was specified as an implementing agency for two reasons. 1) to establish STEM focused branch campuses. STEM refers to approach of learning that integrates the areas of science, technology, engineering and mathematics. 2) to eliminate corruption through the means of technology infused systems. See the infographic below for more...
Featured Insight
Interim Budget or Secret Budget?
The Ministry of Defense was specified as an implementing agency for two reasons. 1) to establish STEM focused branch campuses. STEM refers to approach of learning that integrates the areas of science, technology, engineering and mathematics. 2) to eliminate corruption through the means of technology infused systems. See the infographic below for more...
Featured Insight
Interim Budget or Secret Budget?
The Ministry of Defense was specified as an implementing agency for two reasons. 1) to establish STEM focused branch campuses. STEM refers to approach of learning that integrates the areas of science, technology, engineering and mathematics. 2) to eliminate corruption through the means of technology infused systems. See the infographic below for more...
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Sri Lanka trade deficit up 77-pct to Feb, imports surge, rupee appreciates
In February 2024, Sri Lanka experienced a significant widening of its trade deficit, which surged by 817 percent to $319 million compared to $39 million previously. This was accompanied by a notable 35 percent increase in imports, while merc...
2024-03-29
Economy Next
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Sri Lanka budget deficit 12.2-pct of GDP in 2021
Sri Lanka has recorded a budget deficit of 12.2 percent of gross domestic product in 2021, with 1,225 billion rupees printed under output gap targeting with flexible inflation targeting, official data show.
2022-04-28
EconomyNext
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Foreign reserves cover falls to just three days of imports
Sri Lanka’s import cover of usable external reserves has fallen into a deeply scarier level of just three days, even after the country suspended foreign currency obligations earlier this month.
2022-04-28
Daily Mirror
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WB to provide US$ 600 mn for essentials
World Bank Country Representative Chiyo Kanda yesterday said the World Bank has agreed to provide US$ 600 million as a solution to the current economic crisis, of which US$ 400 million will be provided expeditiously in the f...
2022-04-27
Daily News
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IMF team for Sri Lanka completes initial technical discussions on an IMF-supported program
During the 2022 IMF and World Bank Spring Meetings in Washington, D.C., IMF Managing Director Kristalina Georgieva and other senior members of IMF management met with a Sri Lankan delegation, led by Finance Minister Ali Sabr...
2022-04-24
LBO
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