Fitch Ratings has indicated that it may upgrade Sri Lanka’s Issuer Default Rating (IDR) from its current ‘Restricted Default’ (RD)
The World Bank and the Government of Sri Lanka have signed an agreement for an additional $200 million(Economic Reforms) under
A high-level delegation from the International Monetary Fund (IMF) arrived in Sri Lanka on October 2nd, 2024, for crucial discussions
Sri Lanka’s export sector has achieved significant growth, with the combined value of goods and services exports surpassing $10 billion
In August 2024, private sector credit in Sri Lanka surged to an impressive Rs. 135 billion, marking a significant increase.
The Sri Lankan government has called for bids to complete the much-anticipated Bandaranaike International Airport Development Project (BIA Development Project)
On September 25, 2024, global credit rating agency Moody’s expressed a positive outlook on Sri Lanka’s reform trajectory under newly
Sri Lanka has taken a major step in modernizing its cross-border trade by approving the National Trade Facilitation Roadmap. This
A significant milestone was achieved on 30 August 2024, when a high-profile delegation from the Canton Fair Operations Department of
Sri Lanka has reached a historic milestone in its journey toward economic recovery by securing a comprehensive debt restructuring agreement.