Seize the opportunity for investment, says Sri Lanka’s Finance Minister
Nov 21, 2016 (LBO) - The Minister of Finance has called on local and foreign entrepreneurs to seize the opportunity given by the government to invest in Sri …
Economy
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IMF approves USD162.6mn disbursement to Sri Lanka
Nov 19, 2016 (LBO) – IMF Executive Board has completed its first review of Sri Lanka’s Extended Fund Facility (EFF) arrangement, which enables the …
JICA to lend Yen23Bn for water supply project
Nov 17, 2016 (LBO) - The Japan International Cooperation Agency (JICA) signed a loan agreement with the Government to provide a Japanese loan of 23 billion Yen …
Sri Lanka budget signals continuity, but implementation key: CCC
Nov 17, 2016 (LBO) - Sri Lanka's budget 2017 has signaled continuity in the economic policy priorities of the government, but successful implementation should …
Sri Lanka revenue reform a step toward stronger finances: Fitch
Nov 16, 2016 (LBO) - Sri Lanka's budget 2017 proposed tax hikes will strengthen the revenue base although some of the revenue assumptions look optimistic and …
Sri Lanka foreign reserves drop by USD395mn in Oct: Central Bank
Nov 11, 2016 (LBO) – Sri Lanka’s official reserves dropped 394.6 million US dollars to 6.1 billion dollars in October, down from 6.5 billion dollars at the …
Sri Lanka to introduce new law protecting foreign reserves
Nov 11, 2016 (LBO) – Sri Lanka has proposed to introduce a new Foreign Exchange Act to protect foreign reserves from irregular transactions. Finance Minister …
Education a priority, free tablets for students: Budget
Nov 11, 2016 (LBO) - Sri Lanka will prioritize education and give free tablet computers to students and teachers in 2017, the government said in budget …
Sri Lanka budget 2017: tax and revenue proposals
Nov 11, 2016 (LBO) - Finance Minister Ravi Karunanayake in his Budget 2017 speech in parliament Thursday proposed several measures to improve government …
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Budget 2017 *** Live Coverage ***
* Finance Minister concludes budget speech * Committee of private and public sector to ensure budget implementation * Corporate income tax to be revised to a …
Sri Lanka economy expected to grow 6.3-pct in 2017: CB
Nov 10, 2016 (LBO) –Sri Lanka’s economic growth is likely to be around 5 to 5.5 percent this year and expected to increase to 6.3 percent in 2017 and to …
Sri Lanka govt approves phase 2 of Central Expressway, only single bidders
Nov 09, 2016 (LBO) - Sri Lanka’s cabinet has given the nod to build the second section of Central Expressway which runs from Mirigama to Kurunegala for …
Budget 2017 will rectify all anomalies: Finance Minister
Nov 09, 2016 (LBO) - Sri Lanka's Minister of Finance said that the 2017 Budget will be a pro-growth budget which will focus on the deficiencies for the last …
Budget 2017 will bring change to Sri Lanka: Ravi K
Nov 08, 2016 (LBO) - Sri Lanka's Budget 2017 will reduce cost of living and strengthen investments, the Finance Minister said. online pharmacy buy diflucan …
India, Sri Lanka hold ministerial talks on fishermen
Nov 07, 2016 (LBO) - India and Sri Lanka have held ministerial level talks to find solutions to fishermen's issues. External Affairs Minister Sushma Swaraj and …
Smart reforms could improve Sri Lanka’s exports: World Bank
Nov 07, 2016 (LBO) - Sri Lanka could grow it exports by encouraging resources to more productive firms through managing urbanization and fostering …
GSP+ final decision by May 2017, tangible progress needed: EU
Nov 02, 2016 (LBO) - National reconciliation, the empowerment of women and Sri Lanka’s application for the General System of Preferences (GSP+) were the main …
Monetary policy could still be considered accomodative: Central Bank
Nov 02, 2016 (LBO) - Sri Lanka's Central Bank said on Tuesday that despite a tightening in interest rates this year, that monetary policy could still be …
Sri Lanka ranks 31st in Global Youth Development Index
Nov 01, 2016 (LBO) - Sri Lanka has been ranked 31st in the Global Youth Development Index (YDI) 2016 based on a country’s condition for the youth in terms of …