SRI LANKA UPDATE | 5 July 2024 to 11 July 2024

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) 💰 The Economy 📰 Migrant workers send USD 3.14 billion boosting Sri Lanka’s remittances Migrant workers have collectively sent USD 3.14 billion to […]

SRI LANKA UPDATE | 28 June 2024 – 4 July 2024

The Economy *Sri Lanka has finalised a restructuring agreement for a USD 12.5 billion bond closure* Sri Lanka has successfully concluded its discussions with the bondholders, reaching an agreement on […]

SRI LANKA UPDATE | 21 June 2024 – 27 June 2024

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) 💰 The Economy📰 Sri Lanka finalises debt restructuring agreement with international creditorsSri Lanka announced the successful conclusion of debt restructuring talks, securingdeals to […]

SRI LANKA UPDATE | 14 June 2024 – 20 June 2024

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) 💰 The Economy📰 The International Monetary Fund (IMF) approves Second ReviewThe IMF has approved the Second Review of Sri Lanka’s Extended Fund Facility […]

SRI LANKA UPDATE | 31 May 2024 – 6 June 2024

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL)SRI LANKA UPDATE | 31 May 2024 – 6 June 2024 💰 The Economy📰 International Monetary Fund (IMF) Board to take up Sri Lanka […]

SRI LANKA UPDATE | 17 May 2024 – 31 May 2024

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL)SRI LANKA UPDATE | 17 May 2024 – 31 May 2024 💰 The Economy📰 Finance Minister announces that economy has stabilized and growth is […]

SRI LANKA UPDATE | 03 May 2024 – 10 May 2024

The Economy:Sri Lanka container volumes rise to nearly 50 percentIn the first quarter of 2024, the Sri Lanka Ports Authority (SLPA) reported a significant 48 percent increase in container volumes, […]

SRI LANKA UPDATE | 23 February 2024 – 29 February 2024 

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) Central Bank shifts focus to medium-term inflation strategy  The Economy  The Central Bank announced a strategic shift in focus on inflation from near-term […]

 SRI LANKA UPDATE | 19 January 2024 – 25 January 2024

 JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL)  The Economy  Central Bank of Sri Lanka (CBSL) keeps policy rates steady to tame inflation  CBSL decides to maintain interest rates from 9 […]

SRI LANKA UPDATE | 12 – 18 January 2024  

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL)  The Economy  President discusses effective progress of debt restructuring at Business Roundtable in Switzerland  President Ranil Wickremesinghe highlighted Sri Lanka’s economic recovery during […]