ECONOMYNEXT – Sri Lanka President Anura Kumara Dissanayake has called for just compassionate society, in his Christmas message as the country is recovering from the worst currency crisis in the history of its central bank. “Today, Sri Lanka stands at…
A high-level discussion on the critical preparations for Sri Lanka’s upcoming Mutual Evaluation (ME) by the Asia/Pacific Group on Money Laundering (APG) was held today (23) at the Presidential Secretariat under the patronage of President Anura Kumara Disanayake. The meeting…
ECONOMYNEXT- Fitch Ratings said it was upgrading Sri Lanka’s foreign currency rating out of restricted default (RD) status, to CCC+ after 98 percent of bondholders accepted an offer to restructure defaulted bonds with new securities issued on December 20. “The…
In a step towards enhancing economic cooperation, the Protocol for amending the Agreement on the Avoidance of Double Taxation was exchanged during President Anura Kumara Dissanayake’s State Visit to India. Sri Lanka and India initially entered into an Agreement in…
ECONOMYNEXT – A joint statement was released after a meeting between Sri Lanka President Anura Kumara Dissanayake and Prime Minister Narendra Modi of India. The full text of the statement is reproduced below December 16, 2024 Prime Minister of India…
ECONOMYNEXT – Sri Lanka has relaxed import licensing on rice, a staple food, till December 20, in bid to reduce rising local prices, but still kept a 220 dollar at tonne import tax in place, which is almost 50 percent…
ECONOMYNEXT – Sri Lanka has relaxed import licensing on rice, a staple food, till December 20, in bid to reduce rising local prices, but still kept a 220 dollar at tonne import tax in place, which is almost 50 percent…
ECONOMYNEXT – Sri Lanka has had “extremely high” level of participation in an offer to swap new securities for defaulted sovereign bonds which is expected to result in 98 percent of bonds being exchanged, the Finance Ministry said. “We are…
ECONOMYNEXT – Sri Lanka’s one-month old new government with more than a two-third parliamentary majority is facing credibility and integrity tests after people started questioning the educational qualifications of its top leaders. President Anura Kumara Dissanayake’s Marxist-leaning Janatha Vimukthi Peramuna…
President Anura Kumara Disanayaka will undertake a State Visit to India from 15-17 December 2024 at the invitation of the President of India, Smt. Droupadi Murmu. This is the first overseas visit undertaken by the President after his assumption of…
