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Increases to VAT rates & removal of exemptions hurt poorest; …
Oct 9, 2024 · The Institute of Policy Studies of Sri Lanka (IPS) recently hosted a knowledge-sharing and networking event to mark the release of its annual flagship report, Sri Lanka: State of the Economy 2024. This year's report, themed “Economic Scars of Multiple Crises: From Data to Policy,” presents a compreh
U.S. Transfers Beechcraft King Air 360ER to SL Air Force, Enhancing ...
Oct 10, 2024 · At a ceremony held today at Sri Lanka Air Force Base Katunayake, U.S. Navy Admiral Steve Koehler, commander, U.S. Pacific Fleet, officially handed over a Beechcraft King Air 360ER aircraft, gifted by the United States, to the Sri Lanka Air Force (SLAF). The event, attended by U.S. Ambassador Julie C
Ceylon Chamber and Sri Lanka Banks’ Association strengthen …
Oct 9, 2024 · The Ceylon Chamber of Commerce and the Sri Lanka Banks’ Association (SLBA) signed a Memorandum of Understanding (MOU) to formalise and strengthen their ongoing partnership in promoting sustainable finance and financial inclusion in Sri Lanka. The two organisations through this partnership aim to eng
High-Level IMF Team Meets Sri Lankan Government to Discuss …
Oct 2, 2024 · A high-level delegation from the International Monetary Fund (IMF) arrived in Sri Lanka today (02) to engage with the newly formed government led by President Anura Kumara Dissanayake. The primary objective of the visit was to initiate discussions on the progress of the IMF Program and necessary steps towards the release of the fourth tranche ...
Successful IMF and OCC Agreement Paves Way for Debt Relief: …
Oct 6, 2024 · The Ceylon Chamber of Commerce commends the Government of Sri Lanka on the successful completion of consultations with the Official Creditor Committee (OCC) and the International Monetary Fund (IMF) regarding the Agreement in Principle (AIP) reached with international and local holders of International Sovereign Bonds (ISBs).
Harini Amarasuriya: Sri Lanka’s New Prime Minister
Sep 24, 2024 · Parliamentarian Dr. Harini Amarasuriya was sworn in as the new Prime Minister of Sri Lanka, today (24) at the Presidential Secretariat. She took the oath in the presence of President Anura Kumara Dissanayake. Additionally, the Cabinet of Ministers was appointed, and they are as follows: President Anura Kumara Dissanayake. 01 Defence.
Sunshine Healthcare Lanka attracts USD 10Mn FDI from IFC
Oct 8, 2024 · Sunshine Healthcare Lanka Limited (SHL), the healthcare arm of diversified conglomerate Sunshine Holdings PLC (CSE: SUN), announced the successful conclusion of the approximately LKR 3,270 million equity investment from the International Finance Corporation (IFC), a member of the World Bank Group. This landmark investment strengthens SHL’s ...
Political Risks to Sri Lanka’s Debt Restructuring Agreement Recede ...
Oct 9, 2024 · The Sri Lankan authorities’ confirmation that they endorse the targets set under the country’s IMF programme, and intend to implement debt restructuring based on the terms agreed with international sovereign bondholders in September, reduces risks to the debt treatment process associated with the outcome of the presidential election …
Jaishankar highlights India’s commitment to assisting in tourism ...
Oct 4, 2024 · Indian External Affairs Minister, Dr. S. Jaishankar, who arrived in Sri Lanka this morning (04) on a one-day official visit, met with President Anura Kumara Dissanayake at the Presidential Secretariat this afternoon. At the outset, the visiting External Affairs Minister congratulated President Dissa