Sri Lanka has re-entered the World Bank's upper-middle-income group while India remains lower-middle income because the ...

COLOMBO, March 29 (Reuters) - Sri Lanka's economy grew at a slower-than-expected 1.8% in the fourth quarter of the 2021 financial year, taking its full year growth to 3.7%, data from the government's ...

The recovery is attributed to revival in tourism, stronger worker remittances, improving external sector performance and a ...

According to the World Bank's annual update, released on 1 July, Sri Lanka, Vietnam, the Philippines, Jordan and Micronesia ...

The World Bank’s Board of Executive Directors yesterday approved $ 150 million in financing to support Sri Lanka’s reform agenda aimed at boosting investment, strengthening competitiveness, and ...

The World Bank’s Board of Executive Directors approved USD 150 million to back a reform agenda focused on enhancing investment, competitiveness, and job creation in Sri Lanka. Known as the Sri Lanka ...

The REGROW programme supports measures to reduce trade barriers, improve the investment climate, and strengthen the financial ...

In the summer of 2022, Sri Lanka became a symbol of economic collapse.Fuel stations ran dry. Long queues stretched for kilometres. Power cuts lasted for hours. Inflation surged, foreign exchange ...

COLOMBO, Dec 15 (Reuters) - Sri Lanka's economy grew by 1.6% in the quarter from July to September, official data showed on Friday, as the country claws its way back from its worst financial crisis in ...