All the hard adjustments took place in the previous two years. It will be much easier going forward," Breuer stated.

The International Monetary Fund (IMF) advises Sri Lanka to focus on tax compliance and pass a budget aligned with the IMF's parameters to secure continued support. This guidance comes as Sri Lanka ...

A visiting Indian naval ship has formally handed over a fire-fighting system for an offshore patrol vessel it donated to the Sri Lanka Coastguard previously.

Disenchanted with Dissanayake’s ruthless implementation of IMF demands, the working class is now starting to come into ...

COLOMBO (Reuters) -Sri Lanka should avoid tax exemptions and focus on passing a national budget that is in line with ...

Senior Mission Chief for Sri Lanka Peter Breuer commended Sri Lanka’s economic recovery in the recent years, and stated that ...

Sri Lanka is setting up a tax crimes unit within the Department of Inland Revenue as part of efforts to reduce corruption, ...

A Development Partner Dialogue (Donor Conference) for the Clean Sri Lanka program, a key government initiative, was recently held at the Presidential Secretariat to explore funding and support ...

Sri Lanka has all the elements to be a high-end global tourism destination and has a tourism potential that is significantly ...

The Ceylon Chamber of Commerce congratulates the Government on successfully completing the third review under the IMF ...

The IMF Executive Board completed the Third Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US $334 million) to ...