Aluthkade Court shooting not a threat to national security: Public Security Minister
Minister of Public Security Ananda Wijepala says that the shooting incident that took place inside the Hulftsdrop (Aluthkade) Courts Complex on Wednesday (19) was not any sort of threat to the national security, but instead is linked to longstanding conflicts between organized criminal gangs.
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Fitch Ratings optimistic on Sri Lanka’s Budget
The Sri Lankan government’s budget highlights the authorities’ commitment to raising fiscal revenues as a share of GDP – an approach that, if successful, would alleviate a long-standing weakness in the sovereign’s credit profile, says Fitch Ratings.
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SL budget’s Rs. 135 bn defence allocation raises transparency concerns:
A top economist yesterday raised concerns over a potential procurement corruption process or gross misrepresentation in the government’s 2025 budget, particularly regarding public sector salaries and defence expenditure.
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IMF to decide EFF funding of $333 Million on February 28
The Third Review under the Extended Fund Facility for Sri Lanka will be taken up by the Executive Board of the International Monetary Fund on the 28th of February 2025.
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Minister Vijitha Herath Returns After Attending Indian Ocean Conference in Muscat
Hon. Vijitha Herath, Minister of Foreign Affairs, Foreign Employment, and Tourism, returned to Sri Lanka this morning after participating in the 8th Indian Ocean Conference (IOC) held in Muscat, Oman, on 16–17 February 2025. During his visit, Minister Herath engaged in high-level discussions with several foreign counterparts on the sidelines of the conference, focusing on strengthening bilateral relations, regional cooperation, …
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UNFPA and Japan strengthen health services in Northern Province
The United Nations Population Fund (UNFPA), with the generous support of the Government of Japan, has undertaken a vital initiative to improve maternal and child healthcare services in the Northern Province of Sri Lanka.
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Legal Dispute Over NITF Reinsurance Tender Raises Concerns in Sri Lanka
Strategic Insurance Brokers (SIB) has formally urged President and Minister of Finance, Anura Kumara Dissanayake, to reconsider the Cabinet’s decision regarding the National Insurance Trust Fund (NITF) tender for reinsurance coverage related to strikes, riots, civil commotion, and terrorism. Their request follows concerns over procedural and legal irregularities in the awarding of the tender.
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RDA Spent Rs. 14,715 Crore on Unauthorized Road Projects, Audit Report Reveals
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CNL Reporter
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February 18, 2025
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Political
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RDA
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0 Comments
The Road Development Authority (RDA) has spent Rs. 14,715 crore on road reconstruction projects that fall outside its jurisdiction, according to a recent report issued by the National Audit Office.
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LIVE UPDATES: 2025 Budget Speech
In his concluding remarks during the Budget Speech, the President said that never has Sri Lanka had a chance like this to catch up with the modern world.
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SLPMA warns Govt. inaction stalls local pharma growth,
The Sri Lanka Pharmaceutical Manufacturers Association (SLPMA) urged the government to create a level playing field for domestic pharmaceutical manufacturers to compete with imported pharmaceutical products.
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