COLOMBO (News 1st); Sri Lanka’s total public debt has declined compared to previous levels, with the government highlighting early progress on key fiscal targets and warning against the spread of misinformation surrounding the country’s economic data.Addressing Parliament, Deputy Minister of Finance...

COLOMBO (News 1st); Global economic growth is expected to slow to its weakest pace since the COVID-19 pandemic due to ongoing tensions in the Middle East, the World Bank has warned.The warning comes through the World Bank’s Global Economic Prospects report for 2026.Global growth is projected to fall...

COLOMBO (News 1st); Sri Lanka has emerged as one of the countries seeking urgent financial support from the Asian Development Bank (ADB) as the institution moves swiftly to deploy a massive $4 billion assistance package to help economies withstand the far-reaching impacts of the ongoing Middle East ...

COLOMBO (News 1st); Sri Lanka’s Parliament is set to convene from June 23 to June 26 following a decision taken at the Committee on Parliamentary Business.The decision was reached during a meeting of the committee held today under the chairmanship of Speaker Dr. Jagath Wickramaratne....

COLOMBO (News 1st); Sri Lanka appointed a high-powered committee comprising leading experts across multiple sectors, towards restructuring its national carrier, SriLankan Airlines.The restructuring committee will be chaired by Dr. Hans Wijayasuriya.Among its members are Senior Presidential Economic ...