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Sri Lanka’s economic growth could slowdown in second half of 2026 EconomyNext
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News
Sri Lanka cannot build reserves at any cost, must prepare for shocks: Central bank
4+ day, 12+ hour ago (1599+ words) Thursday September 10, 2026 12:52 pm ECONOMYNEXT — Sri Lanka cannot accumulate foreign exchange reserves through market distortions, money printing, or heavy foreign borrowing, but must build buffers before external shocks strike, Central Bank Governor Nandalal Weerasinghe said. “For central banks, foreign reserves are…...
Judiciary concerns could hurt Sri Lanka???s foreign investments: Opposition leader
6+ day, 12+ hour ago (1628+ words) Tuesday September 8, 2026 12:45 pm “If foreign investors perceive that Sri Lanka does not have an independent judiciary, does not have democracy, especially that there is no trust in the justice system, what will happen? “There will be less foreign direct investments…...
Sri Lanka to roll out $100mn ADB-funded social protection program
6+ day, 7+ hour ago (1634+ words) Tuesday September 8, 2026 6:00 pm ECONOMYNEXT — Sri Lanka will launch a 100-million-dollar Asian Development Bank (ADB) funded development program aimed at strengthening social safety nets, livelihoods, and care services for vulnerable groups. The Macro-Recovery Sector Development Program for Promoting Resilience and Inclusive…...
Sri Lanka???s anti-graft body challenges amendments to Anti-Corruption Act
1+ week, 6+ day ago (22+ words) Sri Lanka’s anti-graft body challenges amendments to Anti-Corruption Act EconomyNext 500 - Internal Server Error Please refresh this page or try again later....
Sri Lanka central bank seeks liquidators to handle troubled banks, finance companies
3+ week, 12+ hour ago (1461+ words) Monday August 24, 2026 12:06 pm ECONOMYNEXT – Sri Lanka’s central bank has called for expressions of interest (EOI) to establish a pre-qualified “Pool of Liquidators” tasked with winding up and dissolution of stressed financial institutions. “Invitation for Expression of Interest (EOI) for the appointment…...
Sri Lanka???s national inflation rises to over 3-year high of 7.2-pct in July
3+ week, 3+ day ago (1131+ words) Friday August 21, 2026 5:05 pm Friday August 21, 2026 5:00 pm ECONOMYNEXT – Sri Lanka’s Cabinet has approved a plan to provide interest-free loans of up to 25 million rupees each for small and medium-scale rice millers to purchase paddy at government guaranteed prices, the minister of…...
Sri Lanka cabinet approves transfer of state machinery to local bodies
3+ week, 5+ day ago (1243+ words) Wednesday August 19, 2026 9:22 am ECONOMYNEXT — Sri Lanka’s cabinet has approved a proposal to transfer unutilized construction vehicles and heavy machinery from the State Engineering Corporation (SEC) to Provincial Councils, Pradeshiya Sabhas, and other government bodies, minister Nalinda Jayatissa said. The machinery,…...
Cabinet approves Sri Lanka-Poland extradition agreement
3+ week, 6+ day ago (1625+ words) Tuesday August 18, 2026 3:47 pm ECONOMYNEXT – Sri Lanka and Poland are set to sign an extradition agreement after the island nation’s cabinet of ministers approved the proposal, minister Nalinda Jayatissa said. Sri Lanka’s Extradition Act, No. 5 of 1995, or the Transfer of Offenders…...
Sri Lanka???s economic growth could slowdown in second half of 2026
3+ week, 6+ day ago (1585+ words) Monday August 17, 2026 7:58 pm ECONOMYNEXT – Sri Lanka’s economic growth could slow down between 4-5 percent in the second half of this year due to tight monetary policy and higher prices, Central Bank Governor Nandalal Weerasinghe said. The Central Bank raised the key…...