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WEB3 days ago · President Anura Kumara Dissanayake met with U.S. Ambassador Julie J. Chung at the Presidential Secretariat today (01). During the meeting, Ambassador Chung congratulated President Dissanayake on his recent inauguration and reiterated the U.S. commitment to strengthening bilateral relations with Sri Lanka.
IMF Engages with Sri Lanka’s New Administration Amid Economic …
WEB6 hours ago · The International Monetary Fund (IMF) confirmed ongoing discussions with Sri Lanka’s newly elected government as part of the nation’s ongoing economic recovery efforts. During a press briefing held on October 3, 2024, IMF Spokesperson Julie Kozack outlined the organization’s latest interactions with Sri Lanka, emphasizing the need for continued reforms to maintain economic progress.
President Dissanayake Reaffirms Commitment to IMF Objectives, …
WEB7 hours ago · In a significant meeting today, President Anura Kumara Dissanayake engaged directly with IMF delegation included Director of the Asia Pacific Department, Krishna Srinivasan and Senior Mission Chief Dr. Peter Breuer to discuss the progress of Sri Lanka’s on-going IMF programme. The President was accompanied by key Sri Lankan officials, including Central Bank Governor Dr.Nandalal Weerasinghe,...
Second Day of Talks between the President and IMF
WEB2 hours ago · President Anura Kumara Dissanayake engaged in a discussion with the International Monetary Fund (IMF) at the Presidential Secretariat today (04), marking the second day of talks with the President. Director of the IMF’s Asia Pacific Department Krishna Srinivasan, Senior Mission Chief Dr. Peter Breuer, along with other senior IMF representatives and the Sri Lankan delegation...
ComBank ranked No 2 among Sri Lanka’s Top 100 listed companies
WEB1 day ago · Moves up 5 places in the latest edition of LMD Leaderboard; Remains highest-ranked bank in LMD 100 for 31 st year; The Commercial Bank of Ceylon has been ranked second in the prestigious ‘LMD 100’ for 2023-24, moving up five places in the ranking the magazine calls ‘Sri Lanka’s Roll of Corporate Honour.’
Sri Lanka to move forward with third review of near $3 bln IMF …
WEB8 hours ago · (Reuters) – Sri Lanka plans to move ahead with the third review of its nearly $3 billion programme of support from the International Monetary Fund, the new government said on Thursday, as the island nation seeks to emerge from its worst financial crisis in decades. New president Anura Kumara Dissanayake, who was elected last week,...
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WEBSep 25, 2024 · Janashakthi Life, a leading life insurance provider in Sri Lanka, is pleased to announce exceptional financial results for the first-half of 2024. The company achieved record-breaking growth across key performance indicators, with a notable 45% increase in Gross Written Premiums (GWP) compared to the period under review in 2023. This ...
Sri Lanka: State of the Economy 2023 - Ada Derana
WEBOct 17, 2023 · Economic Policy Choices: From Stabilisation to Growth Sri Lanka has faced a turbulent economic journey in recent years, with 2022 witnessing an unprecedented crisis marked by a staggering 8.7% GDP contraction. The economy slowly but steadily pulled back from the abyss over the course of 2023. Notably, the …
Remarkable Surge in Agricultural Exports in First Half of 2024
WEBJul 16, 2024 · Of the USD 250.9 million expected to be settled from tea exports to Iran for fuel debt, US$ 55 million has been paid so far – Chairman of Sri Lanka Tea Board. A Coconut Triangle established in the Northern Province to improve living conditions in the region – Chairman of CDA. Special program initiated to...
Sri Lanka Shows Signs of Recovery but Must Maintain Reform …
WEBApr 11, 2024 · The Asian Development Bank’s (ADB) annual flagship economic publication, the Asian Development Outlook (ADO) April 2024, forecasts Sri Lanka’s economy to record moderate growth of 1.9% in 2024 and 2.5% in 2025 following 2 consecutive years of contractions. Sri Lanka is showing signs of recovery, with green shoots emerging in the second half of 2023.