Sri Lanka's New President Presents First Budget With Focus on Crisis Recovery
COLOMBO (Reuters) - Sri Lanka's new President Anura Kumara Dissanayake will outline the government's revenue and policy goals in his first full-year budget on Monday, seeking to extend the country's recovery from a financial crisis and signal its alignment with a $2.9 billion IMF bailout program.
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.
Sri Lanka budget banks on car taxes to boost coffers
Sri Lanka is banking on vehicle import taxes to boost revenue and revive the island nation's battered economy, leftist President Anura Kumara Dissanayake's maiden budget showed on Monday.
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,
Sri Lanka budget aims to transform economy, help repay debt, Dissanayake says
By Uditha Jayasinghe COLOMBO (Reuters) -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,
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Factbox-Why Is Sri Lanka's Budget Key to Recovery From a Severe Financial Crisis?
COLOMBO (Reuters) - 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 ...
Sri Lanka's cenbank sees inflation peak above target in Q2 next year
Sri Lanka's headline inflation is expected to peak around 2 percentage points above the central bank's target in the second ...