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.

Sri Lanka’s benchmark Colombo All Share Index closed up 0.6% at 13,198.80 after a shortened day’s trading, while the rupee was 0.1% higher at 291.96 per dollar at 5:15 p.m. local time.

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 ...

Budget-2023, which the Ranil Wickremesinghe government unveiled on November 14, sets aside a whopping $1.45 billion (539 billion Sri Lankan rupees) as the cumulative budget for the Ministry of ...

The government of Sri Lanka has proposed a defence budget of LKR410 billion (USD1.11 billion) for 2023. The figure represents a nominal year-on-year increase of 10% but ...

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 ...

ITAK calls for demilitarization in Sri Lanka's north and east, amid concerns over military presence and human rights ...

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.

COLOMBO, Sri Lanka (AP) — Sri Lanka’s Parliament approved a budget Thursday that includes reforms aimed at improving the country’s finances as it attempts to recover from its worst economic ...