Sri Lanka

According to a May 2 report by Lanka Business Online, Treasury Secretary P.B. Jayasundera stated that the government will keep to its 6.2% of GDP budget deficit target for this year,... 2012-05-03

Given the Central Bank of Sri Lanka's (CBSL)'s largely unexpected slew of policy measures to combat overheating over the recent months (i.e. currency devaluations and policy rate hikes),... 2012-05-03

For the second consecutive month, export growth witnessed an increase from the -4.9% y-o-y low in October 2011, coming in at 24.3% in December, according to the Central Bank of Sri... 2012-03-26

US Assistant Secretary for South and Central Asian Affairs Robert Blake stated in an interview that the US will not be pushing for economic sanctions on the island nation despite further... 2012-03-26

Headline inflation hit a 28-month low of 2.7% y-o-y in February, falling sharply from 3.8% in the previous month. Meanwhile, core inflation remained unchanged at 4.7% y-o-y for the... 2012-03-01

Three years after the end of Sri Lanka's civil war, it appears that the government still sees a revival of the separatists Liberation Tigers of Tamil Eelam (LTTE) as a credible threat... 2012-03-01

Citing problems of credibility, the country's minority Tamil political party - Tamil National Alliance (TNA) - rejected the government's investigation into the civil war. Furthermore,... 2012-02-03

Headline inflation hit a 26-month low of 3.8% y-o-y in January, falling sharply from 4.9% in the previous month. Meanwhile, core inflation remained unchanged at 4.7% y-o-y. The current... 2012-02-02

Foreign Minister Gamini Lakshman Peiris stated that the government is aiming for stronger economic relationships with ASEAN (Association of South East Asian Nations) states in order... 2012-01-03

Headline consumer price inflation ended 2011 at 4.9% y-o-y, up slightly from the 4.7% rate recorded in November. The average inflation rate through the year was 6.7%, marking a small... 2012-01-03