The Cabinet of Ministers has greenlighted the proposal to implement the Pledge Loan Scheme provided to small and medium scale paddy mill owners for purchasing paddy as an annual proramme.
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Sri Lanka Customs is poised to make history, nearing an unprecedented revenue target of Rs. 1.5 trillion in 2024, marking a significant achievement for the Department and the country’s economy.
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Successive Sri Lanka governments have implemented 179 projects during the past 33 years with Asian Development Bank (ADB)
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The government is formulating a mechanism to provide relief to depositors who had to pay 10 percent withholding tax whereas they earn less than Rs. 150,000 deposit interest a month,
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The Ministry of Digital Economy has announced the introduction of a special programme to promote digital payments.
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An organized group is once again deceiving the public on a large scale, as evidenced by a sharp increase in financial fraud complaints during the Christmas and New Year season,
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Public sector lender Indian Bank Ltd. said the financial intelligence unit of the Central Bank of Sri Lanka (CBSL) has imposed a monetary penalty of Rs. 2 million (INR 5.85 lakh) on the bank for failing to comply with the provisions of Sri Lanka’s Financial Transactions Reporting Act. The penalty pertains to non-conformity with the regulatory framework under the FTRA …
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The authority to borrow and issue debt securities, both domestically and internationally, in local or foreign currency on behalf of the Government of Sri Lanka, has been delegated to the Secretary of the Treasury.
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On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year,.
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Sri Lanka received US$ 530.1 million in remittances in November,
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