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SL Government’s Debt Servicing Challenges and Future Fiscal Obligations

Sri Lanka is expected to service a total debt of $2,454 million in 2025, comprising $1,369 million in principal repayments and $1,085 million in...

Sri Lanka to establish Gambling Regulatory Authority

The new government will go ahead to proceed with the drafting of a bill related to the establishment of a Gambling (Cacino) Regulatory Authority, Sri...

SL Motor Traffic Department Pushes for Digital Overhaul amid Challenges

Sri Lanka’s Motor Traffic Department (MTD) is undergoing a major digital transformation to enhance service efficiency, combat corruption, and improve citizen convenience. This initiative aligns...

IMF directs Sri Lanka for Tax Reforms amid Economic Challenges

The International Monetary Fund (IMF) has urged the Sri Lankan government to reform its tax policies and control expenditure to address ongoing budget deficits...

President Stresses Efficient Use of Funds and Cost Reduction in Public Service

Despite financial limitations, President Anura Kumara Dissanayake has emphasized the responsibility of government officials to allocate and utilize funds efficiently and equitably, aligning with...

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