The infrastructure development activities of Port City Colombo, the largest foreign direct investment (FDI)-driven project in Sri Lanka, are slated to be completed by the end of this year, Investment Promotion Ministry Secretary M.M. Nayeemudeen said.
The Sri Lankan expatriate community in Qatar, which is around 120,000, generates about $600mn in remittances to the South Asian nation’s economy, the country’s top diplomat in Qatar has said.
The Department of Census and Statistics (DSC) has been taking measures to update Sri Lanka’s economic indicators following allegations of delaying the compilation of economic data without proper surveys.
Sri Lanka has the potential to establish the green economy, especially by way of renewable energy, said President Ranil Wickremesinghe addressing a High-Level event on Strategies and Actions to Accelerate Sri Lanka’s Transition to a Green Growth Pathway in Colombo on Monday (06).