Sri Lanka needs responsible borrowing, China co-operation on debt: US

China should co-operate with Sri Lanka’s debt re-structuring while the country should engage in responsible borrowings in the future, United State Agency for International Development Chief Samantha Power said.

Economy Next

2022-09-12

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Tea Board optimistic about increased crop yield th...

The Sri Lanka Tea Board (SLTB) remains optimistic about reaching 260 million kilograms with the implementation of a Rs.1.2 billion fertiliser subsidy for smallholder farmers this year.

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Sri Lanka achieves 106% of tax target

Sri Lanka has exceeded its tax revenue target for the first quarter of 2024, achieving 106% of the set goal. The Inland Revenue Department (IRD), Sri Lanka Customs, and the Excise Departme...

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IMF third tranche hinges on proposed PFM Act: Dr....

The proposed Public Financial Management (PFM) Act is crucial for securing the disbursement of the third tranche of the IMF's $3 billion bailout package.

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