Sri Lanka is aiming to grow 5% this year, Dissanayake told parliament, emphasising the need to support small businesses and key economic sectors such as tourism and tea to put the island nation's ...

Sri Lanka's finance minister Mangala Samaraweera, center, shows his folder carrying government's budget proposal for the year 2019 to opposition as he enters the Parliament in Colombo, Sri Lanka, ...

Sri Lanka's Parliament approved a budget on Thursday, Dec. 8, 2022 that includes reforms aimed at improving the country's finances as it attempts to recover from its worst economic crisis.

COLOMBO: The new parliament of Sri Lanka was convened on Thursday for the first session after the ruling NPP's historic electoral landslide victory a week ago. At the start of the new session of ...

During the budget debate, on November 23, Wickremesinghe threatened to crush anti-government struggles imposing a state of emergency and deploying military and police forces.

That compares with Sri Lanka's forecast GDP growth of 5% in 2024, the highest in seven years, and better than initial projections. Fourth quarter and full year GDP numbers are yet to be released.

Sri Lanka is banking on vehicle import taxes to boost revenue and revive the island nation's battered economy, leftist President Anura Kumara Dissanayake's maiden budget showed on Monday. "For the ...