Sri Lankan economy

Latest news and articles about Sri Lankan economy from NEX English

Sri Lanka Achieves Individual Income Exceeding $5000 for First Time

Sri Lanka has announced that its per capita income has surpassed $5000 for the first time in its history, reaching $5003 in 2025, according to a report from the Central Bank. This milestone indicates significant economic growth in the country.

Sri Lanka Raises Electricity Prices Amid Energy Crisis

Sri Lanka has announced a rise in electricity prices by <strong>7.2%</strong> for households and <strong>8.7%</strong> for industrial sectors due to escalating energy costs linked to the ongoing conflict with Iran. This decision is part of a financial support program with the International Monetary Fund.