Margaret Nyakango has urged the National Treasury to lower the country's debt-to-GDP ratio to 55 percent by 2029.The recommendation comes as part of efforts to address ongoing concerns regarding the ...

Sri Lanka plans to trim the duration of tax holidays granted under a Strategic Development Act, and also limit tax breaks in ...

Sri Lanka has breached a structural benchmark in the International Monetary Fund program after a 20 percent electricity ...

Financial and economic affairs committee chairman Khalid Al Maskati said the bill would have a negative impact on the economy and encourage blackmarket and unauthorised cryptocurrencies ...

Disenchanted with Dissanayake’s ruthless implementation of IMF demands, the working class is now starting to come into ...

Housing booms drive short-term economic growth but lead to deeper and prolonged downturns, especially when fueled by ...

WORKERS across Africa have called on the International Monetary Fund (IMF) and the World Bank to cancel debts owed by African nations, arguing that the financial burdens threaten the future of unborn ...

Sri Lanka should avoid tax exemptions and focus on passing a national budget that is in line with parameters set by the ...

If sanctions were going to have an effect on global reserve holdings, we presumably would have seen it by now.

Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.

President Trump tore into Europe for spending more on Russian petroleum than aid to Ukraine as allies demand the US do more ...

At least 112 demonstrations were held internationally to mark the second anniversary of the Tempi rail crash deaths in Greece ...