8 Articles
8 Articles
IMF approves USD 206 million emergency funding for cyclone-hit Sri Lanka's recovery
The IMF has approved an emergency funding of USD 206 million under its rapid finance instrument to help Sri Lanka “address the urgent needs arising from the catastrophic Cyclone Ditwah and preserve macroeconomic stability”. The cyclone caused widespread destruction in the island nation and left over 643 people dead.
Sri Lanka expects foreign investment to top 1.5 bn USD in 2026
Sri Lanka expects foreign direct investment (FDI) inflows to be between 1.5 billion and 2 billion U.S. dollars in 2026, a senior official told journalists on Friday. Chairman of the Board of Investment Arjuna Herath said FDI has exceeded one billion dollars in 2025. Herath said the government sees manufacturing investments critical to strengthening Sri Lanka’s industrial base, generating employment, and rebuilding investor confidence after a per…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium



