Economics

Sri Lanka Cabinet Approves New PPP Agency Bill

Sri Lanka’s cabinet has given the green light to draft legislation for establishing a National Agency for Public-Private Partnerships (PPP), following a proposal from President Ranil Wickremesinghe, according to the state information office. The new agency will be tasked with designing and managing PPP projects, as well as coordinating with international organizations. It will focus

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Economics

Sri Lanka, Japan Discuss Carbon Reduction Funding

Sri Lanka and Japan have discussed new funding strategies to reduce carbon emissions and revive halted projects during a meeting with President Ranil Wickremesinghe, according to his media office. With Sri Lanka reaching an agreement with official creditors to restructure bilateral debt, Japan is now able to provide new loans and resume previously suspended projects.

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