BUSINESS

World Bank rules out new financing to Sri Lanka

The World Bank on Tuesday said it is not planning to provide any new financing to cash-strapped Sri Lanka until an adequate economic policy...

Sri Lanka Treasury faces daily cash flow issues

Sri Lanka needs a long-term sustainable fiscal management mechanism to overcome the present socio –ecnomic crisis Prime Minister Ranil Wickremsinghe told the cabinet of...

WB asks to change economic policies before applying for loans

The World Bank says it completely rejects reports that a final agreement has been reached to provide credit facilities to Sri Lanka. The World...

USAID and UK asure support for SL to ride over economic crisis

USAID Administrator Samantha Power has assured Prime Minister Ranil Wickremesinghe USAID support. USAID Spokesperson Rebecca Chalif said that Power held a call with Prime Minister...

UN pledges to assist Sri Lanka to tackle current economic crisis

The UN has issued a policy memorandum with key measures to support macro-economic stabilisation and debt sustainability, to support the new administration headed by...

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