Sri Lanka Announces Nationwide Housing Programme to Address Worsening Housing Gap

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,…

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Sri Lanka to Strengthen Public Service With Major Recruitment and New Employee Benefits

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…

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Bangladesh and Sri Lanka Strengthen Cooperation, Explore Port Connectivity and New Investment Opportunities

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…

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Sri Lanka to Present Second National People’s Power Government Budget Tomorrow

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…

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Sri Lanka Set to Present Reform-Focused National Budget Amid IMF Commitments

Sri Lankan President and Finance Minister Anura Kumara Dissanayake will present the national budget on Friday, prioritising economic reforms aimed at meeting International Monetary Fund (IMF) targets that are key for securing additional financial support and boosting investor confidence. Dissanayake came to power late last year promising to tackle corruption and rebuild the economy, which…

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