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Sri Lanka’s economic growth could slowdown in second half of 2026 EconomyNext
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News
Sri Lanka cannot build reserves at any cost, must prepare for shocks: Central bank
4+ day, 10+ hour ago (1599+ words) Thursday September 10, 2026 12:52 pm ECONOMYNEXT — Sri Lanka cannot accumulate foreign exchange reserves through market distortions, money printing, or heavy foreign borrowing, but must build buffers before external shocks strike, Central Bank Governor Nandalal Weerasinghe said. “For central banks, foreign reserves are…...
Sri Lanka to roll out $100mn ADB-funded social protection program
6+ day, 5+ hour ago (1634+ words) Tuesday September 8, 2026 6:00 pm ECONOMYNEXT — Sri Lanka will launch a 100-million-dollar Asian Development Bank (ADB) funded development program aimed at strengthening social safety nets, livelihoods, and care services for vulnerable groups. The Macro-Recovery Sector Development Program for Promoting Resilience and Inclusive…...
Sri Lanka to submit regulations on 68 Port City strategic businesses to parliament
1+ week, 6+ day ago (1639+ words) Tuesday September 1, 2026 3:14 pm ECONOMYNEXT — Sri Lanka’s Cabinet of Ministers has approved submitting gazetted regulations to Parliament designating 68 entities in the Colombo Port City as Secondary Businesses of Strategic Importance. The proposal was presented under the provisions of the Colombo Port…...
Sri Lanka current account in deficit for fourth month
1+ week, 6+ day ago (1490+ words) Tuesday September 1, 2026 12:15 pm ECONOMYNEXT – Sri Lanka’s current account recorded a deficit of 142 million dollars in July, remaining in the deficit for the fourth consecutive month, the central bank said. “The cumulative current account recorded a deficit of US$ 387 million during…...
Sri Lanka construction activity expands in July 2026: PMI
1+ week, 6+ day ago (1495+ words) Tuesday September 1, 2026 9:18 am ECONOMYNEXT – Sri Lanka’s construction sector activity expanded in July 2026 due to a sustained flow of construction work, registering a value of 61.4 on a Purchasing Managers Index compiled by the central bank. “Many survey respondents highlighted the sustained…...
Sri Lanka govt explores unexploited minerals amid concerns
2+ week, 2+ hour ago (1635+ words) Monday August 31, 2026 8:38 pm ECONOMYNEXT – The Sri Lankan government hosted high-level talks at the Presidential Secretariat to chart a road map for developing the island nation’s mineral sector in line with its export-oriented National Mineral Policy 2026, the President’s office said. Chaired…...
Sri Lanka central bank seeks liquidators to handle troubled banks, finance companies
3+ week, 10+ hour ago (1461+ words) Monday August 24, 2026 12:06 pm ECONOMYNEXT – Sri Lanka’s central bank has called for expressions of interest (EOI) to establish a pre-qualified “Pool of Liquidators” tasked with winding up and dissolution of stressed financial institutions. “Invitation for Expression of Interest (EOI) for the appointment…...
Sri Lanka to launch oil gas exploration licencing
3+ week, 1+ day ago (1354+ words) Sunday August 23, 2026 3:40 pm ECONOMYNEXT – Sri Lanka will announce the launch of its licensing round for oil and gas exploration this year, the island nation’s state-run Petroleum Development Authority (PDASL) said. “The licensing round is a strategic initiative to invite global…...
Sri Lanka???s national inflation rises to over 3-year high of 7.2-pct in July
3+ week, 3+ day ago (1131+ words) Friday August 21, 2026 5:05 pm Friday August 21, 2026 5:00 pm ECONOMYNEXT – Sri Lanka’s Cabinet has approved a plan to provide interest-free loans of up to 25 million rupees each for small and medium-scale rice millers to purchase paddy at government guaranteed prices, the minister of…...
Sri Lanka manufacturing continues expansion in July 2026: PMI
3+ week, 5+ day ago (1496+ words) Wednesday August 19, 2026 9:56 am ECONOMYNEXT – Sri Lanka’s manufacturing sector expanded in July, registering a value of 55.0 on a Purchasing Managers Index compiled by the central bank, compared to 53.0 the previous month. The New Orders sub-index expansion, registering 55.9 from the previous month’s…...