Sri Lanka sets aside $10M in budget

Sri Lanka's budget likely to lead to slower fiscal consolidation, Moody's says
Sri Lanka's budgeted expenditure for 2025 will likely lead to a wider fiscal deficit and slower-than-expected fiscal consolidation, Moody's Ratings said on Tuesday, a day after the island nation unveiled its budget.
Sri Lanka's New President Presents First Budget With Focus on Crisis Recovery
COLOMBO (Reuters) - Sri Lanka's new President Anura Kumara Dissanayake will outline the government's revenue and policy goals in his first full-year budget on Monday, seeking to extend the country's recovery from a financial crisis and signal its alignment with a $2.9 billion IMF bailout program.
Sri Lanka sets aside $10M in budget for 2025 digital transformation strategy
The Sri Lanka Unique Identity Project (SL-UDI) will be a essential element of the country's digital transformation efforts.
Sri Lanka budget aims to transform economy, help repay debt, Dissanayake says
Sri Lanka aims to transform its crisis-hit economy to prepare to resume debt repayments from 2028, President Anura Kumara Dissanayake said on Monday as he unveiled a budget that is seen as a key step towards durable,
Sri Lanka’s 2025 budget focuses on recovery
Sri Lanka’s economy is projected to grow by 5% in 2025, according to President Anura Dissanayake. He presented the country’s first full-year budget under the national people’s power government. This budget is a crucial step in Sri Lanka's post-crisis recovery,
Does Sri Lanka have an energy crisis? Blackout exposes weaknesses facing island’s grid
Sri Lanka’s nationwide blackout this month has raised concerns about the country’s ability to integrate renewable energy into ...
Sri Lanka expects economy to grow at 5%, repay all debt, Dissanayake says
Sri Lanka will focus on transforming its crisis-hit economy and prepare to resume debt repayments from 2028, President Anura ...
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Sri Lankan fishermen seek government relief
The Sri Lankan fishing community, including Christians, has appealed to the government for urgent financial support amid a ...
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The Policies of Sri Lanka’s New Government: a Historic Opportunity Lost
On the right, Anura Kumara Dissanayake, President of Sri Lanka. On the left, Dr. S. Jaishankar, India’s Minister of External ...
Why is Sri Lanka's budget key to recovery from a severe financial crisis?
Sri Lanka's new President Anura Kumara Dissanayake will present his first budget on Monday to outline how the island nation ...
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External debt: Sri Lanka’s ‘Enemy at the Gates’
A recent economic discussion program on a major television channel hosted a panel that included two economists, a representative of the SME sector and three Members of Parliament, one of whom is a ...
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Sri Lanka shares end higher
COLOMBO: Sri Lankan shares closed higher on Friday, aided by utilities and financial stocks. The CSE All-Share ...
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Wandering monkey blamed for nationwide power outage in Sri Lanka
Officials in Sri Lanka said a monkey in the wrong place at the wrong time was to blame for a power blackout that affected the ...
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Government borrowing and debt sustainability: Lessons from Sri Lanka’s crisis and path to recovery
Debt accumulation by governments often sparks heated debates, with some considering it a crisis and others a necessity. ..
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Sri Lanka struggles to deliver a new era of post-crisis growth
As Sri Lanka emerges from its worst economic crisis, the new government faces the challenge of balancing recovery with ...