Sri Lanka's central bank likely to hold rates to control inflation Published 20 Jul, 2026 04:55pm The CBSL sets an inflation target of 5% for this year
As poor nations’ default wave peaks, cash shortage could take its place Updated 22 Oct, 2024 04:31pm LONDON: The punishing post-COVID wave of sovereign defaults has finally crested, with the likes of Ghana, Sri Lanka...
Sri Lanka’s inflation at -0.2% in September Published 21 Oct, 2024 05:00pm COLOMBO: Sri Lanka’s consumer price inflation eased to minus 0.2% year-on-year in September from an increase of 1.1%...
Sri Lanka to save $5bn from bilateral debt deal Published 02 Jul, 2024 11:56am COLOMBO: Sri Lanka will save $5 billion following the restructure of its bilateral debt, much of which is owed to...
Sri Lanka inflation climbs as food prices rise Published 29 Jun, 2024 10:49am COLOMBO: Crisis-hit Sri Lanka’s annual inflation almost doubled to 1.7 percent in June, up from 0.9 percent the...
Sri Lanka’s July consumer inflation eases to 4.6% Published 21 Aug, 2023 03:25pm COLOMBO: Sri Lanka’s consumer price inflation slowed to 4.6% year-on-year in July from 10.8% in June, helped by...
Debt-stricken Sri Lanka to receive first tranche of IMF bailout funds in two days Updated 21 Mar, 2023 12:18pm COLOMBO: Sri Lanka will get the first $330 million tranche of the International Monetary Fund’s bailout in the next...
IMF approves Sri Lanka's $2.9bn bailout Published 20 Mar, 2023 10:55pm COLOMBO: Sri Lanka's president said Monday that the International Monetary Fund has approved its request for a $2.9...
Crisis-hit Sri Lanka targets $1.4 billion in tea earnings Published 04 Nov, 2022 06:19pm COLOMBO: Sri Lanka’s tea industry could earn $1.4 billion this year despite the lowest production in decades and...
Sri Lanka’s key inflation rate eases to 66% in October Published 31 Oct, 2022 03:44pm Sri Lanka’s key inflation rate eased to 66% in October after hitting 69.8% in September, the crisis-struck country’s...