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 funeral of arguably the Queen of the Sinhala cinema Malini Fonseka, will be held with state honours on Monday, May 26, 2025, at the Independence Square.
First Bishop of the Batticaloa Diocese, Retired Bishop Joseph Ponnaiya, passed away today at the age of 74, following a brief illness.
The NPP government has been at the wheel for almost 6 months now. The time to keep looking at the rear view mirror and living in the past is about over.
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