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IMF Executive Board to decide on Sri Lanka’s US $ 2.9 billion EFF soon
The Executive Board of the International Monetary Fund (IMF) is set to decide on Sri Lanka’s Extended Fund Facility (EFF) at its meeting on 20 March.
IMF MD to submit SL economic reform program to executive board on March 20
The Managing Director of the International Monetary Fund (IMF) has welcomed the progress made by the Sri Lankan authorities in taking decisive policy actions and obtaining financial assurances from all major creditors including China, India and the Paris Club.
Horton Heights super luxury hotel comes up on Nuwara Eliya called Little England
New tourist hotels are coming up in the country’s tourist destinations at the time of the island nation's tourism revival and reawakening due to far sighted measures taken by the present administration.
CB offers more relief for MSMEs and Individuals affected by the economic crisis
The Central Bank has taken concessionary measures for the benefit of Micro, Small and Medium Enterprises (MSMEs) and Individuals affected by the present macroeconomic conditions.
Windforce’s Mannar project cost increases further due to crane toppling
Sri Lanka’s renewable energy projects including wind energy ventures have become costly due economic recession and high prices of necessary components and labour as well as unavoidable expenses. Energy Ministry sources said.