March 5, 2026
Home » Economy » Page 51

Economy

“Sri Lanka’s Economy Rebounds: $6B Reserves, Stock Market Surges” – Minister Vidyarathna Plantation Industries Minister Samantha Vidyarathna has announced significant progress in Sri Lanka’s economic recovery, crediting the government with achieving milestones that have restored stability to the country. Speaking at a public meeting in Badulla, Minister Vidyarathna stated that officials from the Ministry of Finance reported that the economy had recovered faster than anticipated. He highlighted that the country, which was once bankrupt and devoid of foreign reserves, has now amassed $6 billion in reserves under the current administration. “When we assumed office, the credit ratings were in a negative range. Today, we’ve managed to move them upwards, signaling renewed confidence in our economy,” he said. The Minister also pointed to the performance of the Colombo Stock Exchange, which he claimed is witnessing rapid growth, reflecting investor optimism and improved market conditions. Vidyarathna noted that the government had successfully reduced the prices of certain essential goods, providing some relief to the people. Additionally, he assured that the upcoming budget would bring further concessions to ease the burden on citizens. The Minister’s remarks come amidst a backdrop of cautious optimism about the country’s economic trajectory. While acknowledging the progress made, experts have urged continued focus on structural reforms and sustainable measures to ensure long-term stability.

“Sri Lanka’s Economy Rebounds: $6B Reserves, Stock Market Surges” – Minister Vidyarathna

Editor January 6, 2025
Plantation Industries Minister Samantha Vidyarathna has announced significant progress in Sri Lanka’s economic recovery, crediting the government...
Read More Read more about “Sri Lanka’s Economy Rebounds: $6B Reserves, Stock Market Surges” – Minister Vidyarathna

You may have missed

ewtr3rtfgvd

Easter Bombing Probe Shocker: Ex-Intelligence Chief Named Third Suspect

Editor March 5, 2026
fett

US Threat Claim Sparks Drama Over Iranian Ship Near Colombo

Editor March 5, 2026
yu6i7kymgf

Coal Disaster at Norochcholai: Generation Falls as Diesel Keeps Flames Alive

Editor March 5, 2026
htyrku,hf

Power Cut Crisis Looms as Low Quality Coal Threatens Sri Lanka’s Electricity Supply

Editor March 5, 2026