Local News
President Dissanayake Appeals for Austerity Measures to Counter Dollar Crisis.
May 20, 2026 at 4:12 PM
President Anura Kumara Dissanayake has urged Sri Lankans to adopt austerity measures, specifically reducing fuel and imported goods consumption, to mitigate the economic strain caused by the strengthening US dollar.
Economy
Fiscal Stability Achieved: Revenue Expansion Powers Primary Surplus to 5.4%.
April 28, 2026 at 8:45 PM
Analysis reveals that the recent attainment of a 5.4% primary surplus is primarily driven by significant improvements in revenue collection rather than aggressive expenditure cuts, marking a shift in fiscal consolidation strategies.
Economy
Russian Economic Performance Under Scrutiny as Government Confronts Stagnation.
April 16, 2026 at 10:04 AM
President Vladimir Putin has expressed frustration over Russia's economic performance, citing significant contractions in GDP and key industrial sectors as the nation faces budget deficits and declining oil revenues.








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