Sri Lanka, budget

Sri Lankan President Dissanayake presents IMF-dictated austerity budget
Dissanayake cynically claimed that his government wants to establish the “economic sovereignty” of Sri Lanka, even as he is fully committed to imposing the demands of the IMF and big business.
Sri Lanka's budget likely to lead to slower fiscal consolidation, Moody's says
Sri Lanka's budgeted expenditure for 2025 will likely lead to a wider fiscal deficit and slower-than-expected fiscal consolidation, Moody's Ratings said on Tuesday, a day after the island nation unveiled its budget.
World Bank praises Sri Lanka’s debt restructuring and 2025 Budget Plan
During the discussions, the World Bank delegation expressed appreciation for the progress made in Sri Lanka’s debt restructuring process and commended the government’s recent Budget Speech - 2025 as a positive step towards economic recovery.
Sri Lanka increases 2025 defence budget by 3%
Sri Lanka has announced a defence budget of LKR442 billion (USD1.5 billion) for 2025. According to budgetary documents published by the Sri Lankan government on
Sri Lanka budget aims to transform economy, help repay debt, Dissanayake says
Sri Lanka aims to transform its crisis-hit economy to prepare to resume debt repayments from 2028, President Anura Kumara Dissanayake said on Monday as he unveiled a budget that is seen as a key step towards durable,
Sri Lanka’s 2025 budget focuses on recovery
Sri Lanka’s economy is projected to grow by 5% in 2025, according to President Anura Dissanayake. He presented the country’s first full-year budget under the national people’s power government. This budget is a crucial step in Sri Lanka's post-crisis recovery,
Dissanayake Government Unveils First Budget For Sri Lanka After 2022 Financial Crisis, Economy Ready For 5% Growth In 2025 - Top Points
President Anura Kumara Dissanayake, while introducing the first full budget since taking office last year, said the Sri Lankan economy is expected to grow at 5 per cent in 2025. "Budget is a "reflection of the government’s approach to building the economy and overall policy,
Why is Sri Lanka's budget key to recovery from a severe financial crisis?
Sri Lanka's new President Anura Kumara Dissanayake will present his first budget on Monday to outline how the island nation plans to strengthen its recovery from a financial crisis.
Sri Lanka: Dissanayake urges Sri Lanka to move beyond cash-based economy
Colombo, Sri Lanka - Sri Lanka's President, Anura Kumara Dissanayake, said on Monday during the presentation of his first budget to Parliament that "it is necessary to gradually move away from a cash-based economy" and develop a digital economy.
Sri Lanka expects economy to grow at 5%, repay all debt, Dissanayake says
Sri Lanka will focus on transforming its crisis-hit economy and prepare to resume debt repayments from 2028, President Anura ...
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Sri Lanka aims to pave a new path in digitalization by the year 2030 – President
President Anura Kumara Disanayake expressed confidence in the substantial opportunities for innovation in our country, ...
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Sri Lankan fishermen seek government relief
The Sri Lankan fishing community, including Christians, has appealed to the government for urgent financial support amid a ...
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Fitch Ratings optimistic on Sri Lanka’s Budget
The Sri Lankan government’s budget highlights the authorities’ commitment to raising fiscal revenues as a share of GDP - an ...
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The Policies of Sri Lanka’s New Government: a Historic Opportunity Lost
On the right, Anura Kumara Dissanayake, President of Sri Lanka. On the left, Dr. S. Jaishankar, India’s Minister of External ...
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Sri Lanka increases casino fees and taxes in 2025 budget in a bid to boost state revenue
The Sri Lankan government has introduced a series of fiscal measures in its 2025 budget, including higher levies on casinos.
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Fitch says Sri Lanka’s revenue raising drive key to credit profile
Cautions risks to fiscal outlook remain significant and plans to slow pace of fiscal consolidation could weigh on prospects ...
India and Sri Lanka agree to jointly set up solar power plants in Trincomalee
President Anura Kumara Dissanayake, in his budget presentation in parliament, sais the government had received offers to ...