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By Dr Lakmini Fernando Realising Sustainable Development Goals (SDGs) by 2030 requires substantial investment allocation, especially for developing economies like Sri Lanka. A recent IPS study found that Sri Lanka needs an additional investment of USD 1.4 trillion or 12.5 percentage points of GDP by 2030 to achieve SDGs. Despite Budget 2024 allocating 5.4% of...

COLOMBO, Feb. 21 (Xinhua) -- Sri Lanka needs to pay over 2.6 billion U.S. dollars to foreign parties in 2023 in loan repayments and interest, Cabinet spokesman

Sri Lanka needs to pay USD 587 million to several foreign oil companies for planned fuel imports until mid-August, said Sri Lankan Minister of Power and Energy