President Ranil Wickremesinghe announced that the initiative to provide job opportunities for unemployed youth will commence once the country overcomes bankruptcy this year. The President also mentioned that next year will see the launch of a program aimed at introducing modern agriculture to villages in collaboration with private companies to revitalize the export economy. President Ranil Wickrem...

Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, according to official data released on Tuesday, as reported by Reuters.The post Sri Lanka’s April inflation climbs to 2.7%, up from March’s 2.5% appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.

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Sri Lanka’s tentative recovery from its worst economic crisis could be stalled by presidential elections due later this year, the island nation’s central bank chief warned on Tuesday. Months-long shortages of food, fuel and medicines culminated in Sri Lanka defaulting on its foreign debt in 2022 and angry protests that led to the ouster of […]

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Sri Lankan President Ranil Wickremesinghe urged political parties to collaborate with the government in safeguarding the country’s economic stability by ensuring the success of the agreement with the International Monetary Fund (IMF).The post Sri Lanka President urges unity to safeguard economic

President Ranil Wickremesinghe urged political parties, including the Samagi Jana Balawegaya (SJB) and Janatha Vimukti Peramuna (JVP), to collaborate with the government in safeguarding the country’s economic stability by ensuring the success of the agreement with the International Monetary Fund

President Ranil Wickremesinghe insisted that he is not a dictator and that he has taken steps to protect democracy. Speaking at the United National Party (UNP) May Day rally in Colombo, Wickremesinghe said that he has allowed all the political parties to stage May Day rallies across the country. He said that such freedom was […]

The International Monetary Fund (IMF) wants Sri Lanka to work on governance issues and to also stick to the IMF supported program. Krishna Srinivasan, IMF Director of the Asia and Pacific Department noted that Sri Lankans faced a very difficult challenge when they embarked on the IMF program