The International Monetary Fund (IMF) on Friday said its executive board completed the third review under the 48-month Extended Fund Facility (EFF) Arrangement for Sri Lanka, allowing the government to draw SDR 254 million (about US$334 million) to support its economic policies and reforms.
Continue Reading
Sri Lanka has not been informed in writing by USAID about cancelling projects with the government, Deputy Minister of Finance and Planning, Harshana Suriyapperuma said.
Continue Reading
A 1.3 million euro project, funded by the European Union, aims to bolster crisis preparedness within communities across selected Sri Lankan districts and Maldivian islands.
Continue Reading
Sri Lanka and the United Arab Emirates (UAE) signed an agreement on Reciprocal Promotion and Protection of Investments to strengthen economic and investment relations between the two countries, the President’s Media Division (PMD) said.
Continue Reading
Weekly Political Review Early Challenges and Diplomatic Moves amidst Domestic Discontent By Rohan Jith
Continue Reading
Sri Lanka and India have discussed resuming a second passenger ferry service between the island and the sub-continent during President Anura Dissanayake’s state visit.
Continue Reading
Sri Lanka has emerged as a premier destination for solo travelers, according to new data from Flash Pack and Forbes magazine.
Continue Reading
Sri Lanka’s estate sector community is likely to receive significant multinational support, with the Japan International Cooperation Agency (JICA) looking to extend its assistance to improve the social and economic conditions of the estate communities.
Continue Reading
Policy consistency is key to achieving US $ 8 billion in apparel exports next year, up from an estimated US $ 5 billion in 2024, according to the Joint Apparel Association Forum (JAAF).
Continue Reading
Access Medical Tracers (Private) Limited, a special purpose vehicle majority owned by Access Engineering Plc, has won the bid to build, operate and own (BOO) a cyclotron based radiopharmaceutical production facility in Sri Lanka, the company said.
Continue Reading
