Sri Lanka, Budget

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 Kumara Dissanayake said on Monday, unveiling his first full budget after being elected to the top office last year.
SRI LANKA-2025 BUDGET-PRESIDENT-SPEECH
(250217) -- COLOMBO, Feb. 17, 2025 (Xinhua) -- Sri Lankan President Anura Kumara Dissanayake (L) delivers a speech in parliament in Sri Jayawardenepura Kotte, Sri Lanka, Feb. 17, 2025. TO GO WITH "Sri Lanka eyes 5 pct growth, FTAs, digital economy in 2025 budget" (The Sri Lankan parliament media/Handout via Xinhua)
Sri Lanka Banks’ Association welcomes Budget as “positive,” stresses importance of implementation
Sri Lanka’s banks have welcomed the maiden Budget of the new Government, describing it as “positive” and one that seeks to maintain policy consistency, especially on the fiscal path. ..
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 budget banks on car taxes to boost coffers
Sri Lanka is banking on vehicle import taxes to boost revenue and revive the island nation's battered economy, leftist President Anura Kumara Dissanayake's maiden budget showed on Monday.
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,
Sri Lanka's new president presents first budget with focus on crisis recovery
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.
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 ...
Cannot justify Adani’s ‘excessive tariff’, Sri Lanka’s President Dissanayake tells Parliament
Sri Lanka reacts to Adani Green's exit from renewable energy project, emphasizing competitive tariffs and transparency in ...
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Impact of US policy shift on Sri Lanka
President Trump has unceremoniously overturned US foreign policy. His decision to deport illegal Indian migrants just ahead of a summit with Premier Narendra Modi, underscored the tough stance taken ...
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Sri Lankan Parliament Paves Way for Long-Delayed Local Elections
Sri Lanka's Parliament unanimously approved a legal amendment to facilitate local council elections, stalled due to financial constraints during the nation's economic crisis. The Supreme Court had ...
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Rajapaksa’s son indicted in legal action in Sri Lanka
Namal Rajapaksa, the eldest son of former president and prime minister Mahinda Rajapaksa, was on Tuesday indicted and ...
Sri Lanka scraps pandemic-era ban on vehicle imports to reap tax rewards
Vehicle imports were banned in 2020 to save foreign exchange reserves, but the move deprived authorities of a lucrative ...
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Rs. 3,000 million allocated to accelerate Sri Lanka’s digital economy
In a move to boost Sri Lanka’s digital economy, the government has proposed an allocation of Rs. 3,000 million, President ...