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Sri Lanka to be downgraded from middle-income to low-income country

sri Lanka is to be downgraded from a middle-income to low-income country, the Government said today.

SL and IMF hold talks on facing country’s current challenges

State Minister of Finance Shehan Semasinghe and the Central Bank Governor had talks with the First Deputy Managing Director of the IMF Gita Gopinath in Washington.

Romania offers jobs for SL skilled youth in construction, IT and tourism fields

Romania has stepped into provide employment opportunities to Sri Lankan workers

Sri Lanka gets Japanese assistance to implement green projects

Sri Lanka in collaboration with Japan is gearing up for the implementation of the proposed projects under the Joint Crediting Mechanism (JCM) for Low Carbon Growth Partnership.

Central Bank suggests to infuse fresh capital to stop big bank rot

Certain Sri Lankan banks might have to be infused with fresh capital after the conclusion of what the officials call a “diagnostic study”, Central Bank Deputy Governor Yvette Fernando

Breaking

Ditwah Insurance Crisis Leaves Rs.28 Billion Claims Unsettled

Nearly seven months after Cyclone Ditwah devastated Sri Lanka...

Productive Sectors Lose Credit Share as Economic Recovery Faces Questions

Sri Lanka’s latest banking statistics reveal a significant change...

NDB’s Rs. 13.64 Billion Fraud Tests Bank’s Financial Resilience

National Development Bank PLC (NDB) has reported a recovery...

One Year without Trial? Detention Powers Raise Alarms

Sri Lanka’s proposed Prevention of Organised Crimes Bill (OCB)...
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