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Tag: economy

2017 sinks to slowest economic growth in 16 years
BUSINESSMain Story

2017 sinks to slowest economic growth in 16 years

Department of Census and Statistics releases official GDP data for 2017 Economy grew by 3.1%; agriculture down by 0.8%; industry…

byFaraz Shauketaly21/03/201821/03/2018
Govt. should hold reform course: IMF
BUSINESSMain Story

Govt. should hold reform course: IMF

Projects SL to grow by 4.4%, inflation to hit 5% by 2018-end, food prices to stabilise Warns economy vulnerable to shocks, reform…

byFaraz Shauketaly12/03/201812/03/2018
Sri Lanka economic recovery set to continue, needs to push ahead with reforms in Vision 2025 to maintain growth – IMF
BUSINESS

Sri Lanka economic recovery set to continue, needs to push ahead with reforms in Vision 2025 to maintain growth – IMF

Following a series of weather-related shocks in 2017, Sri Lanka’s economy is gradually normalizing with a projected Real GDP growth…

byFaraz Shauketaly09/03/2018
Sri Lanka considering to link SMEs in food processing sector to global markets
BUSINESS

Sri Lanka considering to link SMEs in food processing sector to global markets

The small and medium enterprises (SMEs), a core sector of Sri Lankan economy creating more than 50 percent of its…

byFaraz Shauketaly01/03/2018
Iran, Sri Lanka agree to expand mutual cooperation
BUSINESS

Iran, Sri Lanka agree to expand mutual cooperation

Iran and Sri Lanka have signed documents to expand cooperation in various areas, including trade and economy. During a recent…

byFaraz Shauketaly13/02/2018
Harsha defends Govt. economic policies
BUSINESSMain Story

Harsha defends Govt. economic policies

Assures Liabilities Management Bill in Parliament soon Asserts President won’t take over ministries for economic management Ravi K’s fate to…

byFaraz Shauketaly02/02/2018
Economy stabilized amid many challenges – Sri Lanka PM
BUSINESS

Economy stabilized amid many challenges – Sri Lanka PM

Ranil Wickremesinghe says the current unity government has been able to repay loans and stabilize the economy amid many challenges.…

byFaraz Shauketaly22/01/2018
Sri Lanka PM expects the Central Expressway to bring economic development to northern provinces
BUSINESS

Sri Lanka PM expects the Central Expressway to bring economic development to northern provinces

Ranil Wickremesinghe says that the construction of the Central Expressway will ensure good infrastructure stretching from Hambantota to Kandy, growing…

byFaraz Shauketaly17/01/2018
IMF says economy normalising but reforms essential
BUSINESSMain Story

IMF says economy normalising but reforms essential

Recommends fiscal consolidation and tightening monetary policy 2018 growth predicted at 4.6% below CB projections  Further delays in SOE reform, bad…

byFaraz Shauketaly13/01/201813/01/2018
2017 delivers mixed bag: CB
BUSINESSMain Story

2017 delivers mixed bag: CB

Ratings outlook improved, broad money growth, inflation down, credit growth dips to 15% Investor inflows to securities and stock market good, tightening…

byFaraz Shauketaly29/12/2017

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