Sri Lanka, debt restructuring

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 Kumara Dissanayake said on Monday, unveiling his first full budget after being elected to the top office last year.
Sri Lanka eyes 5% growth, FTAs, digital economy in 2025 budget
Colombo: Sri Lanka is set to expand its free trade agreement network and simplify its import duty structure to help small- and medium-sized enterprises access raw materials more easily, President Anura Kumara Dissanayake announced on Monday while presenting the 2025 budget.
Sri Lanka to sign debt restructuring with Hungary
The government will soon enter into an agreement on debt restructuring with Hungarian Export Credit Insurance Private Limited (HECIPL), which will include the loan concessions, under the debt restructuring exercise.
Sri Lanka sets aside $10M in budget for 2025 digital transformation strategy
The Sri Lanka Unique Identity Project (SL-UDI) will be a essential element of the country's digital transformation efforts.
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,
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,
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'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 ...
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India’s Adani withdraws from controversial Sri Lanka wind power project
In a dramatic turn of events, Indian tycoon Gautam Adani’s Green Energy Limited (AGEL) has withdrawn from the second phase of ...
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Vietnam ready to share agri, tourism, and investment promotion expertise with Sri Lanka
The Vietnamese Ambassador expressed Vietnam’s willingness to share its expertise in agriculture, tourism, and investment ...
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Sri Lanka struggles to deliver a new era of post-crisis growth
As Sri Lanka emerges from its worst economic crisis, the new government faces the challenge of balancing recovery with ...
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Sri Lanka aims to boost SME export share to 12-15% by 2027
The local Small and Medium Enterprise (SME) sector will need to step up its efforts to tap international markets, as the ...
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City of Dreams Sri Lanka to launch in late 2025, developers tout tourism and economic growth
City of Dreams Sri Lanka, the casino-resort project in Colombo developed through a partnership between Sri Lanka’s John ...
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Breaking the cycle of old politics in Sri Lanka
Sri Lanka’s new leader must avoid scandals and pursue domestic and foreign policies that centre on improving the island’s ...
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Reception in Riyadh marks 77th Independence Day, 50th anniversary of Sri Lanka – Saudi Arabia ties
Ambassador of Sri Lanka to Saudi Arabia, Ameer Ajwad together with his spouse and the staff of the Embassy of Sri Lanka in ...