- Last Update 2024-07-01 19:39:00
SL Finance Minister meets visiting IMF mission
Sri Lankan Finance Minister Ravi Karunanayake met a visiting IMF delegation on Wednesday to discuss the country’s economic state and progress, ministry officials. The mission led by Todd Schneider discussed, among other matters, the country’s economic situation, the 2016 budgetary preparation and current issues of the 2015 interim budget including the Balance of Payments problem, at the Finance Ministry in Colombo. The same delegation was here in March for a ‘post-programme’ assessment. Sri Lanka is said to be considering a fresh IMF facility, a move encouraged by economists and private think-tank, to tackle the country’s precarious foreign debt position. (Bandula)
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- June 29, 2024 - 838 - 0
Israeli Tourist found safe after three-day search in Trincomalee
Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.
- June 28, 2024 - 314 - 0
Former MP Hirunika Premachandra sentenced to three years RI
The Colombo High Court today (28) sentenced former parliamentarian Hirunika Premachandra to three years of Rigorous Imprisonment over charges of the involvement of an abduction.
- June 26, 2024 - 187 - 0
All bilateral loans postponed until 2028; President
In his special statement, President Ranil Wickremesinghe announced that debt restructuring agreements will postpone all bilateral loan payments to foreign countries until 2028. Additionally, Sri Lanka will have until 2043 to repay these loans on concessional terms.
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