Prime Minister Ranil Wickremesinghe who is currently on an official visit to China is to sign an Memorandum of Understanding (MoU) in view of maintaining financial stability of the country by enhancing liquidity of the market, Deputy Minister of Foreign Affairs Harsha de Silva said.
The cabinet nod has been given to the above proposal yesterday at the weekly cabinet meeting.Prime Minister revealed Parliament recently that Sri Lanka is currently looking at one billion US dollars worth currency swap agreement with China.Sri Lanka received a 700 million US dollars currency swap from the Indian Central Bank earlier last month.
According to the Government Information Department, the expected MOU will also cover the development of agriculture and infrastructure in Sri Lanka.
The Constitutional Council has approved four nominees, proposed by the President, to fill vacancies in the Court of Appeal.
The Election Commission has announced the plan for leave for both public and private sector employees for the upcoming presidential election on September 21, 2024, without loss of salary or personal leave.
The Ceylon Petroleum Corporation (CPC) will reduce fuel prices with effect from midnight today.
President Ranil Wickremesinghe today called on ITAK’s Mavai Senathiraja at his residence in Jaffna today.
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