Fitch Ratings has affirmed Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘CCC+’, noting that despite the completion of the country’s debt restructuring in 2024,...
A few showers may occur in Western and Sabaragamuwa provinces and in Galle, Matara, Kandy and Nuwara-Eliya districts.
Mainly fair weather will prevail over elsewhere...
Sri Lanka’s 2026 Budget is expected to build on strong fiscal consolidation achieved this year, with the Government signalling that no new taxes will...
Sri Lanka’s sluggish progress in privatising State-Owned Enterprises (SOEs), rigid labour market regulations, and restrictions on foreign participation continue to undermine investor confidence, the...
Sri Lanka’s post-crisis economic recovery has entered a decisive phase, with international financial institutions sharply divided over the country’s growth prospects for 2025. While...