Sri Lanka striving to grow without divisions, President on Independence Day 3 min read People Sri Lanka's SEC pays tribute to ex-Chairman Ken Balendra 2 min read Economic Crisis IMF says Sri Lanka’s SOEs could remain state-owned or privatized The new government halted the SriLankan Airlines...
ECONOMYNEXT- Sri Lanka President Ranil Wickremesinghe has said the Buddha’s philosophy will help in a time of economic crisis and called on people to join together. “At this juncture of the country’s unprecedented economic crisis, the timeless philosophy of the Buddha becomes a source of so...
A general view of city’s skyline, amid the country’s economic crisis in Colombo, Sri Lanka. (REUTERS / Dinuka Liyanawatte) Sri Lanka’s new government will release the 2023 budget on Monday focused on boosting revenue, implementing tax reforms and fiscal consolidation to secure...
“The extent of the crisis in Sri Lanka is unprecedented, but offers a historic opportunity for deep reforms to reset the country’s economic storyline,”saidFaris H. Hadad-Zervos, World Bank Country Director for Sri Lanka. “The CPF supports this shift. Through a phased appro...
The assessment came when there is growing fear about Nepal heading in the direction of crisis-hit Sri Lanka since a number of economic indicators have been negative in recent months. According to the data released by Nepal's central bank on April 12, the current account had registered a defic...
“The financial crisis was brought on soon after President Rajapaksa did away with taxes, and following their removal government revenue fell by nearly 30% in 2020,” he told Nikkei. “The government created the financial crisis itself, but certainly the pandemic made it more complicated, resultin...
In the high-stakes world of trade and logistics, corruption at Sri Lanka’s customs, IRD, ports, and airports is not just an inconvenience—it’s a crisis that’s crippling the nation’s export sector. Outdated, manual systems have become breeding grounds for corruption, where bribery and in...
is a global crisis and that means we are as strong only as our weakest link, so unless we can ensure that the vaccines go to all the countries in the world, we will remain susceptible to renewed outbreaks and that means any economic measures we take will be blunted in...
The 12.1-billion-NZ-dollar (7.36 billion U.S. dollars) package is worth 4 percent of the GDP, a larger plan than the one implemented in response to the global financial crisis. "The government is pulling out all the stops to protect the health of New Zealanders and the health of our ...
Trade Policy and Poverty in Benin: a General Equilibrium Analysis Economic and financial crisis in Benin since 1980s led the government to embark on a process of economic reforms in 1991. These reforms sought to remedy th... B Decaluwé,E Adjovi,V Robichaud - 《Working Papers Mpia》 被引...