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Daily Mirror – WB cuts SL’s economic growth forecast to 2.7%

Says growth continues to be adversely affected by shocks Expects growth to pick up as security concerns and political uncertainty dissipate Lists out five priority reform areas in latest Asia Economic Focus report In its latest edition of the South Asia Economic Focus, the World Bank expects Sri Lanka’s economic growth to decelerate to 2.7 percent by the end this year … [Read more...] about Daily Mirror – WB cuts SL’s economic growth forecast to 2.7%

Sri Lanka : Country needs a leader who destroys nepotism not a terminator who will destroy everything

* Country needs a leader who destroys nepotism not a terminator who will destroy everything - PM Thu, Oct 10, 2019, 09:39 pm SL Time, ColomboPage News Desk, Sri Lanka. Oct 10, Colombo: Sri Lanka Prime Minister Ranil Wickremesinghe says the United National Party (UNP) is a party that has long been engaged in a people's mission eradicating familyism, casteism and aristocracy. … [Read more...] about Sri Lanka : Country needs a leader who destroys nepotism not a terminator who will destroy everything

Prime Minister emphasizes on high growth export economy that benefits pensioners

* Prime Minister emphasizes on high growth export economy that benefits pensioners Tue, Oct 8, 2019, 10:58 pm SL Time, ColomboPage News Desk, Sri Lanka. Oct 08, Colombo: Sri Lankan Prime Minister Ranil Wickremesinghe said the country's economic growth rate should be increased to 7.5 percent in order to modernize the existing pension scheme. The Premier said the … [Read more...] about Prime Minister emphasizes on high growth export economy that benefits pensioners

Sri Lanka : All borrowing since 2016 used to settle Rajapaksa loans

* All borrowing since 2016 used to settle Rajapaksa loans - Finance Minister Mangala Samaraweera Mon, Oct 7, 2019, 08:47 am SL Time, ColomboPage News Desk, Sri Lanka. Oct 07, Colombo: Sri Lanka's Finance Minister Mangala Samaraweera said all the money the current government has borrowed since 2016 was to repay the loans of the previous government of Mahinda Rajapaksa. … [Read more...] about Sri Lanka : All borrowing since 2016 used to settle Rajapaksa loans

Sri Lanka, Australia hold discussions on strengthening cooperation in key areas

* Sri Lanka, Australia hold discussions on strengthening cooperation in key areas Sat, Sep 21, 2019, 08:42 am SL Time, ColomboPage News Desk, Sri Lanka. Sept 21, Colombo: Sri Lanka and Australia recently held the inaugural session of the Strategic Maritime Dialogue and the Third Round of Senior Officials' Talks at the Ministry of Foreign Affairs, Colombo. At the … [Read more...] about Sri Lanka, Australia hold discussions on strengthening cooperation in key areas

Sri Lanka PM says sweeping changes needed for a leapfrog in economy

* Sri Lanka PM says sweeping changes needed for a leapfrog in economy Wed, Sep 18, 2019, 12:47 pm SL Time, ColomboPage News Desk, Sri Lanka. Sept 18, Colombo: Sri Lanka's Prime Minister Ranil Wickremesinghe said sweeping changes in multiple levels are needed to propel Sri Lanka on a leapfrog trajectory to growth and not stagnate in the middle-income trap.Delivering the … [Read more...] about Sri Lanka PM says sweeping changes needed for a leapfrog in economy