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Sri Lanka urges citizens not to travel to Lebanon and Syria Sep 30 (AD) SL nationals are instructed not to travel to Lebanon and Syria until further notice due to the current volatile situation in the region, the Ministry of Foreign Affairs said today.
Sep 27 (FT) The 2024 SL Presidential election results have displayed a significant change in the decades-long distribution of political party alignment among the Sri Lankan people. This transformation showcases the desperation of Sri Lankans to choose a leader free from crimes and corruption.
Moody’s gives thumbs up to AKD. Sep 25 (FT) Global rating agency Moody’s said political change in Sri Lanka with the election of Anura Kumara Dissanayake as the new Prez are unlikely to derail reform trajectory but underscored fiscal consolidation challenges.
Sep 27 (TM) Sri Lanka has decided on whom it wants to lead the troubled island nation for the next five years. On the horizon, nearly a month and a half away is the General Election which will elect the next batch of SL lawmakers.
IMF staff team to visit Sri Lanka on Tuesday for talks with new Govt Sep 29 (ST) SL’s new political leadership is preparing to quickly initiate talks with the IMF to continue its current financial programme, while also accelerating debt relief discussions with foreign creditors to support the country’s fragile economic recovery.
Sri Lanka told go for single policy rate by IMF, target middle corridor rate Sep 26 (EN) The IMF has told the central bank target the middle of a policy corridor, among other inflationary operations, in a new technical assistance report urging the agency to go for a single policy rate.
Inflation eases to 61% in November. Dec 1 (EN) Sri Lanka’s 12-month inflation in the capital Colombo fell to 61% in November 2022 from 66% in October as price stabilized after interest rates were allowed to go up and the exchange rate was pegged around 360 to the US dollar.