AGP Executive Report
Last update: an hour agoTourism Visa Boost: Sri Lanka has officially scrapped the $50 tourist visa fee for travellers from 40 countries, with fee-free entry for up to 30 days—though an online ETA is still required before arrival. IMF & Economy: The IMF approved Sri Lanka’s combined fifth and sixth reviews, unlocking a US$695m tranche (total about US$2.4b), while warning growth may slow to around 3% in 2026 amid Middle East war and cyclone recovery pressures. Central Bank Move: Sri Lanka’s central bank raised its policy rate by 100 bps to 8.75% to tackle inflation and rupee pressure linked to energy costs. Travel & Events: Sri Lanka will host the International and Thai Martial Arts (Asian Games) Sri Lanka 2026 at Goldi Sands Hotel, Negombo (May 28–June 1), with Muaythai and boxing contests. Food & Culture: A spotlight on Sri Lanka’s Dilmah Tea and Cinnamon Experience at Genesis highlights Ceylon cinnamon heritage and tea craftsmanship for visitors. Sports: Cricket West Indies unveiled its 2026 home season, including series against Sri Lanka, New Zealand and Pakistan across the Caribbean.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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