Economics

President Urges Adherence to IMF Agreements and Support for Economic Transformation Bill

President Ranil Wickremesinghe, speaking at the Wandala Sri Visuddaramaya in Karawanella, stressed the critical importance of adhering to International Monetary Fund (IMF) agreements.

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Economics

Sri Lanka Government Employees Advocate for Basic Salary Increase Amid Rising Cost of Living

Public sector unions in Sri Lanka are intensifying their call for a substantial increase in basic salaries rather than relying on ad hoc.

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Economics

Expert Panel in Sri Lanka Reviews RPC Land Lease; Minister Calls for Action

A panel of experts appointed by the Sri Lankan government is currently scrutinizing lease agreements with Regional Plantation Companies (RPCs), announced Minister of.

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Economics

Government’s Daily Revenue Reaches Rs. 8.42 Billion

Transport, Highways, and Mass Media Minister Dr. Bandula Gunawardhana has highlighted a concerning financial scenario, revealing a daily expenditure of Rs. 14.67 billion.

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Economics

Sri Lanka Targets $17 Billion Reduction in External Debt through Restructuring by June

Sri Lanka’s Minister of Foreign Affairs, Ali Sabry, announced plans for the government’s ambitious foreign debt restructuring, aiming to finalize the process by.

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Economics

Omega Line Honored for Economic Contribution at ‘Best Corporate Citizen Sustainability Awards

Omega Line Ltd, a key player in Sri Lanka’s apparel export industry and part of the Italy-based Calzedonia Group, was honored with the.

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Economics

Government Greenlights 484 MW Wind Power Project with Adani Green Energy

The government has given its approval for the development of 484 Megawatt wind power stations in Mannar and Pooneryn, marking a significant step.

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Economics

IFC Asia Pacific Regional Vice President Voices Backing for Sri Lanka’s Reforms on Official Trip

IFC’s Vice President for Asia Pacific, Riccardo Puliti, concluded a two-day visit to Sri Lanka, expressing IFC’s dedication to supporting the country’s ongoing.

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Economics

Sri Lankan Apparel Exporters Urge End to Forex Conversion Regulation

Sri Lanka’s apparel exporters are urging the central bank to abolish a mandatory conversion rule for export proceeds as the rupee strengthens with.

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Economics

Key Services in Sri Lanka Drive Inflows to Exceed Imports by $514 Million in March

According to recent central bank data, Sri Lanka’s combined earnings from remittances, tourism, and exports reached $2.041 billion, surpassing imports by $514 million,.

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