Select Committee of Parliament directs attention regarding the future plans of BOI
The Select Committee of Parliament to study the practical problems and difficulties that have arisen in relation to enhancing the rank in the Ease...
Importers want mobile phone smuggling via cargo baggage stopped
Labour and Foreign Employment Minister Manusha Nanayakkara said that it is vital to stop mobile phone smuggling as this causes much damage to the...
State Minister ‘hopeful’ Sri Lanka will receive first tranche of IMF bailout soon
State Minister of Finance Ranjith Siyambalapitiya has stated that he is ‘hopeful’ that Sri Lanka will receive the first tranche of the Extended Fund...
COPA proposes to properly implement RAMIS software to increase IRD’s efficiency
The Committee on Public Accounts (COPA) recently inquired into the Revenue Administration Management Information System (RAMIS) installed by the Inland Revenue Department (IRD) in...
IMF process should continue whoever is in power – CB Governor
Central Bank Governor Dr. Nandalal Weerasinghe yesterday said that while implementing complex programmes such as IMF, difficult decisions related to it should be implemented...
CBSL holds policy interest rates at current levels
The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing...
Japan assures continued assistance for completion of BIA’s Terminal 2
Japanese Ambassador Hideaki Mizukoshi and Japan International Cooperation Agency’s (JAICA) Director for Sri Lanka Akimitsu Okubo assured that the construction of Terminal 2 of...
COPF reiterates commitment to provide bipartisan support to reforms proposed by IMF
The aim of the Committee on Public Finance (COPF), regardless of allegiances, will be to stand by the reforms promulgated by the IMF and...
Cabinet approval received to revise overflight charges
The Cabinet of Ministers has green-lighted a proposal to revise the overflight fees charged from aircraft flying through the Colombo Flight Information Region.
The revision...
Sri Lanka hopes to complete debt restructuring in six months, says CBSL governor
Sri Lanka is committed to meeting all its debt repayments and is hoping to complete debt restructuring negotiations in the next six months, the...