Sri Lanka’s fragile economic recovery could be hampered by threatened trade union strikes over reduced benefits for government employees in this year’s budget, the International Monetary Fund warned ...

Sri Lanka should avoid tax exemptions and focus on passing a national budget that is in line with parameters set by the International Monetary Fund to continue with a $2.9 billion program from the ...

Sri Lanka has breached a structural benchmark in the International Monetary Fund program after a 20 percent electricity ...

The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Friday, strengthening ...

Senior Mission Chief for Sri Lanka Peter Breuer commended Sri Lanka’s economic recovery in the recent years, and stated that ...

The International Monetary Fund (IMF) advises Sri Lanka to focus on tax compliance and pass a budget aligned with the IMF's parameters to secure continued support. This guidance comes as Sri Lanka ...

Disenchanted with Dissanayake’s ruthless implementation of IMF demands, the working class is now starting to come into ...

The 2025 budget – the first under President Anura Kumara Dissanayake – reveals a delicate balancing act between adhering to ...

Sri Lanka’s leftist president received a boost from Washington on Friday, with the International Monetary Fund greenlighting ...

Sri Lanka plans to trim the duration of tax holidays granted under a Strategic Development Act, and also limit tax breaks in ...

IMF approves $334 million tranche to Sri Lanka, highlighting successful performance under Extended Fund Facility Arrangement.

The IMF Executive Board completed the Third Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US $334 million) to ...