Central Bank Introduces Single Policy Interest Rate Mechanism
The Central Bank of Sri Lanka (CBSL) has announced the implementation of a single policy interest rate mechanism, known as
ADB Endorses Sri Lanka’s Investment Potential in Energy, Agriculture, and Climate Change
The Asian Development Bank (ADB) has reaffirmed its commitment to supporting Sri Lanka’s investment potential, highlighting growing foreign investor interest
President Directs Immediate Relief and Safety Measures Amid Disaster Crisis
President Anura Kumara Dissanayake has called on officials to provide immediate relief to those affected in disaster-stricken areas by prioritizing
President Anura Kumara Dissanayake Issues Extraordinary Gazette Detailing Ministerial Duties
An extraordinary gazette notification specifying the duties and functions of newly appointed ministers and their respective ministries has been issued
2025 Budget Proposal to be Presented in Parliament on January 9
The 2025 Budget proposal will be presented to Parliament on January 9, 2025, as confirmed by Cabinet Spokesman and Minister
Cabinet Approves Supplementary Estimate of Rs. 219.37 Billion for Essential Expenses in 2024
The Cabinet of Ministers has approved a proposal to present a Supplementary Estimate to Parliament, allocating Rs. 219,373 million to
President Anura Kumara Dissanayake to Visit India in December on Official Invitation
Sri Lankan President Anura Kumara Dissanayake will undertake an official visit to India in the third week of December at
CEB Refutes Claims on Tariff Revisions, Clarifies Position on Proposed Reductions
The Ceylon Electricity Board (CEB) has firmly denied recent claims surrounding the revision of electricity tariffs, providing clarity on its
ADB Approves $200 Million Loan to Modernize Sri Lanka’s Power Sector and Boost Renewable Energy Integration
The Asian Development Bank (ADB) has approved a $200 million loan to enhance Sri Lanka’s power sector infrastructure. This initiative
Romanians Head to the Polls Amid Inflation Woes and Ukraine War Concerns
Romanians voted on Sunday in the first round of a presidential election, set against the backdrop of surging inflation and