President Anura Kumara Dissanayake met with U.S. Ambassador Ms. Julie J. Chung at the Presidential Secretariat, today (01). Ambassador Chung extended her warm congratulations to President Dissanayake on his recent inauguration and emphasized the importance of fostering robust bilateral relations…
ECONOMYNEXT – Sri Lanka’s deflation in September 2024 has created news, but all inflation was followed by deflation for over 200 years before currency depreciation (now called flexible exchange rate) and money printing for a policy rate. Under the currency…
ECONOMYNEXT – Sri Lanka’s deflation in September 2024 has created news, but all inflation was followed by deflation for over 200 years before currency depreciation (now called flexible exchange rate) and money printing for a policy rate. Under the currency…
ECONOMYNEXT — Sri Lanka’s United National Party (UNP) is open to naming Samagi Jana Balawegaya (SJB) leader Sajith Premadasa the prime minister pick for a common opposition alliance that will contest under a common symbol, a UNP spokesman said. Following…
ECONOMYNEXT — Sri Lanka’s United National Party (UNP) is open to naming Samagi Jana Balawegaya (SJB) leader Sajith Premadasa the prime minister pick for a common opposition alliance that will contest under a common symbol, a UNP spokesman said. Following…
The Korea International Cooperation Agency (KOICA) has pledged its full support for the transparency initiative of the current government. This commitment was made by a delegation of high-ranking KOICA officials during a meeting with Secretary to the President Dr. Nandika…
ECONOMYNEXT — The Japanese government has committed to initiating the construction of 11 projects in Sri Lanka that are currently halted, President Anura Kumara Dissanayake said, though assurances on this had already been made in July. Dissanayake tweeted Friday September…
ECONOMYNEXT – Fitch Ratings has assigned Bogawantalawa Tea Estates a first-time ‘A(lka)’ national rating. The outlook is stable. The tea company’s outstanding senior unsecured debentures was assigned a national long-term rating of ‘A(lka)’ by Fitch, it said in a stock…
ECONOMYNEXT – The International Monetary Fund has told the central bank target the middle of a policy corridor, among other inflationary operations, in a new technical assistance report urging the agency to go for a single policy rate. A slew…
ECONOMYNEXT – Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva has congratulated Sri Lanka’s President Anura Dissanayake on his election and reaffirmed the IMF’s commitment to remaining a strong partner to Sri Lanka. In a letter to Dissanayake,…
