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Top EconomyNext News
Trade · ColomboECONOMYNEXT – Sri Lanka should liberalize factors of production including land and labour, and liberalize trade to push growth to a higher level, the World Bank said in a report as the country recovers from a currency crisis that ended in default and high levels of poverty. Sri Lanka is expected to grow 4.6 percent in 2025, and it may slow to 3.5 percent in 2026, the World Bank said in a Development Update for the island. Though revenues are inc…See the Story
Sri Lanka should reform land, labour, liberalize trade for higher growth: World Bank
Cricket · ColomboECONOMYNEXT – Sri Lanka has rejected the draft resolution 60/L.1/Rev.1 by the United Nations Human Rights Council, which would extend the mandate of the Office of the High Commissioner for Human Rights (OHCHR), its Ministry of Foreign Affairs said. The United Nations Human Rights Council adopted the resolution to extend the mandate of the Office of the High Commissioner for Human Rights (OHCHR) on promoting reconciliation, accountability and hum…See the Story
Sri Lanka Rejects UNHRC Resolution to Extend OHCHR Mandate
Economy · Sri LankaECONMYNEXT – Sri Lankas foreign reserves were 6,243 million US dollars in September 2025, up 77 million US dollars from a month earlier, but reserve have been stagnant for 11 months, official data show. Sri Lanka’s central bank has cut rates, amid warnings that flexible inflation targeting is a spurious statistical doctrine that rejects classical economics and a note-issue bank that has obligations to provide reserves cannot cut rates on a histo…See the Story
