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IMF reaffirms strong support for Sri Lanka amid economic pressures
The International Monetary Fund (IMF) has reiterated its commitment to supporting Sri Lanka as the country continues its efforts to maintain economic stability and recovery. Speaking at a press briefing today (14), IMF Communications Director Julie Kozack said Sri Lanka has recently faced “two very large shocks” that have placed pressure on its economy. She identified the first as Cyclone Ditwah, describing it as a major natural disaster that significantly impacted economic activity. The second, she noted, is the ongoing impact of the war in the Middle East, which continues to affect global economic conditions, including Sri Lanka. Despite these challenges, Kozack praised Sri Lanka’s resilience, stating that both the economy and its people have “shown remarkable resilience” in the face of repeated shocks. She also highlighted that reforms implemented under Sri Lanka’s ongoing IMF-supported programme are beginning to show results. According to her, the country’s economic performance is improving, supported by what she described as a strong commitment to reform from the authorities. Kozack further emphasized continued collaboration, saying the IMF will “work very closely with the authorities” to determine how best to extend further support, reaffirming that the Fund remains “very committed to supporting Sri Lanka.”
Business News In Sri Lanka - Economy, Industry & Markets
Tech Updates April 10, 2026 Business Insights Sierra Cables PLC - Becoming a Powerhouse of Growth While Expanding a Global Market Mr Harsha Jayatunga Executive Director/CEO - Sierra Cables PLC What is true entrepreneurship? Dr Samantha Rathnayake Senior Faculty Member - PIM - University of Jayawardenapura May 4, 2026 April 26, 2026 April 18, 2026 April 14, 2026 December 29, 2025 Featured Categories Snapshots from the every changing world of business - right here and now, for you to take informed decisions We keep you updated with real time business and financial sector news. From business insights to industry specific inside tips. Stay tuned. 💼 Business & Finance Find out what’s happening in the world of money. We cover market updates, company news, trade, banking, and how the economy is moving. 🏛️ Politics & Economy Learn how government decisions and political changes affect the country’s economy. We explain things in a simple way so you understand the big picture. 💻 Technology & Innovation Discover the latest tech trends in Sri Lanka. From startups to apps and smart solutions, see how tech is changing life and business. 🏝️ Travel & Tourism See the beauty of Sri Lanka. Get updates on travel spots, hotel news, tourism growth, and what’s new for visitors and locals One to One Brand Voice Brand Voice Fresh from the world of business Stay on top of information you need to know about the world of business. Stay tuned for special updates, expert opinions, and featured messages from our editorial team. This space brings you important notes, insights, and alerts that matter to Sri Lanka’s future. Stay informed. Updated. Business news can be incredibly loaded and crowded. This is where we present clear cut, easy to understand business news with specific perspectives that matter. About LankaBiz Updated. Informed. Insightful. Relevant LankaBizNews team brings you seamless, real time business news. in-depth interviews and relevant insights to make informed decisions. The roots of Lanka Biz News LankaBizNews - The Journey We give life to a simple yet profound angle on everyday business news. What matters, what makes the markets tick, what add value to the world of business. Business News in Sri Lanka
Sri Lanka's Foreign Reserves Slip Below US$ 7 Billion Amid Currency ...
May 11, Colombo (LNW): Sri Lanka's official reserve assets recorded a notable decline in April 2026, falling to US$ 6.76 billion from US$ 7.03 billion reported a month earlier, according to the latest figures released by the Central Bank of Sri Lanka (CBSL).
Weekly Global Economic Update | Deloitte Insights
What's happening this week in economics? Deloitte's team of economists examines news and trends from around the world.
