Economy
We will maintain all what we have relaxed so far. Those will prevail
An IMF team will be in Sri Lanka for 5th and 6th reviews in the next two weeks
Says current low inflation provides sufficient space to accommodate impact of higher energy prices
Asks people to turn off fridges from 6 pm to 10 pm
The new price of a 450g loaf of bread will be 130 rupees.
Continuation of that from 2024, which was the first year of GDP growth since Sri Lanka’s economic crisis in 2022
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Sri Lanka has seen over US$56 mn worth net inflows into rupee bonds this year
Commercial Bank, HNB, and NDB have exhausted their loan quotas, minister said
ADB is ready to provide more than 1 billion dollars annually to Sri Lanka from 2026 to 2029, the global lender said.
If flight cancellations continue, the visa validity will be extended for another 14 days, also for free
Will include businessmen who will make recommendations to cabinet
Sri Lanka has already raised fuel prices over soaring global oil prices after U.S./Israel’s attack on Iran
Was speaking to Bloomberg before oil prices surged past 115 dollars a barrel
Vulnerabilities to higher import costs will be most acute in markets with already stretched financing capacity,
It has achieved 21.5-pct of 2026 target in first 62 days
They have risen 32-pct in first two month of 2026
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