Sri Lankan President Anura Kumara Dissanayake has reaffirmed that the current government will remain in office through 2028 and will continue to honor the country’s foreign debt commitments. Presenting the 2026 Budget in Parliament, the President said the government is implementing a program aimed at securing long-term debt sustainability. He noted that Sri Lanka is…
Sri Lankan President Anura Kumara Dissanayake says the government aims to maintain inflation below 5 percent as part of its broader economic stabilization plan. He noted that state revenue is expected to reach 16 percent of GDP by the end of the year, reflecting ongoing fiscal reforms. The President also said the country’s official reserve…
Sri Lanka plans to launch a wide-reaching housing development programme in 2026 aimed at supporting families from all social and economic backgrounds who are struggling with housing challenges. The initiative seeks to respond to a variety of growing pressures, including low incomes, limited access to land, rising construction costs, migration trends, informal urban expansion, displacement,…
Sri Lankan President Anura Kumara Dissanayake announced plans to rebuild the country’s weakened state administrative system by launching a large-scale recruitment drive and introducing new welfare measures for public sector employees. The announcement was made during the presentation of the 2026 Budget in Parliament. President Dissanayake noted that the public service has faced long-term challenges…
Bangladesh and Sri Lanka have agreed to expand investment ties and explore new port connectivity initiatives as part of efforts to deepen bilateral cooperation. The commitments were made during the fourth round of Foreign Office Consultations (FOC), held in Colombo on Thursday — the first such meeting in eight years. Co-chaired by the foreign secretaries…
The Ministry of Education in Sri Lanka has announced that the first phase of the third school term for all government and government-approved private schools concludes today (07). The Ministry further stated that the second phase of the third term will resume on different dates depending on the medium of instruction. Sinhala and Tamil medium…
Sri Lanka has welcomed more than 1.9 million foreign tourists so far in 2025, according to the latest data from the Sri Lanka Tourism Development Authority (SLTDA). In the first five days of November alone, the country recorded 32,815 tourist arrivals, bringing the total number of visitors for the year to 1,923,502. The highest daily…
Sri Lanka’s Cabinet of Ministers has approved the 2026 national budget, which will be presented to Parliament this afternoon (07) by President Anura Kumara Dissanayake in his role as Minister of Finance. The President will deliver the second reading of the Appropriation Bill, also known as the Budget Speech, at 1:30 p.m. today. This marks…
Sri Lanka’s Ministry of Education has confirmed that the first phase of the third school term for all government and government-approved private schools will end tomorrow (November 7). The second phase of the term will resume on different dates based on the medium of instruction:
Sri Lanka’s second budget under the National People’s Power (NPP) administration is set to be presented to Parliament tomorrow (7 November). This will also mark the 80th national budget since the country gained independence. President Anura Kumara Dissanayake, who also serves as Minister of Finance, will deliver the second reading of the Appropriation Bill—commonly known…
