Independence has been a long mirage in Ceylon / Sri Lanka, where history seems to repeat itself as tragedy and farce in equal measure. This week, the geostrategic Indian Ocean island is set to mark 77 ...

Debt-stricken Sri Lanka has marked its 77th independence anniversary with a military parade, while the country’s newly ...

That was three years ago in 2022 on the eve of its purported 75 th Independence Day celebration. This year, February 4 th Independence day, would be marked with great pomp. 80 million rupees have been ...

Sri Lanka’s new National Peoples Power (NPP) government ... Thanks to prudent monetary and financial stability policy by the Central Bank of Sri Lanka, a $3 billion International Monetary Fund (IMF) ...

People’s Bank’s rating was recently upgraded by Fitch Ratings, with the bank’s National Long-Term Rating rising from “A(lka)” to “AA-(lka).” This follows the recent sovereign upgrade and recalibration ...

People’s Bank’s rating was recently upgraded by Fitch Ratings, with the bank’s National Long-Term Rating rising from “A(lka)” ...

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World Bank Vice President for South Asia Martin Raiser concluded a two-day visit to Sri Lanka yesterday, reaffirming support for education, rural development, and renewable energy. During his stay, he ...

The World Bank has reaffirmed its support for poverty reduction, digital development, and the Clean Sri Lanka initiative, with plans to finance three major projects over the next three months, ...

Colombo, Sri Lanka – January 22, 2025 – World Bank Vice President for South Asia, Martin Raiser, concluded a 2-day visit to Sri Lanka today, where he met with His Excellency President Anura Kumara ...

ECONOMYNEXT – Sri Lanka’s President Anura Dissanayake has met World Bank Vice President for South Asia Martin Raiser to secure financial and technical support for several sectors. Dissanayake met ...

Martin Raiser, Vice President for South Asia at the World Bank, affirmed the organisation's commitment to supporting Sri Lanka’s key government projects with financial and technical assistance.