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Govt alleviates difficulties of Leasing and Debt Instalment Payers
The Joint Association of Leasing and Debt Instalment Payers with over 200,000 members says the Government has agreed to extend the grace period to pay due instalments.
Sri Lanka Gemstone Company links with funding Al-Qaeda revealed.
A Sri Lankan gemstone company that was key to sanctioned terrorist facilitator Ahmed Luqman Talib’s revenue generation in support of Al-Qaeda, continued doing business after Talib was sanctioned and arrested, a research and data analytics company said.
SL’s trade deficit contracts in Nov. 2022 despite decline in export earnings
Sri Lanka's trade deficit shrank to US$ 450 million in November 2022 from $553 million in the corresponding month of the previous year, Central Bank’s external sector performance report revealed.
Government allay public fears of unbearable electricity tariff hike
Following the Indo-Lanka plan of setting up a power transmission link between the two neighbours and, the government is to go all out to implement a cost -reflective Electricity Tariff Formula based on which the tariff will be increased or decreased.
How the Economy of Sri Lanka down turned? Economic experts.
Sri Lanka’s economy has been turned upside down by so called tools introduced by the Central Bank following the introduction of their toolsin 2020 in response to verbal attack levelled at CB top officials including former Governor W D Lakshman and Senior Deputy Governor Nandalal Weerasinghe by then President Gotabaya Rajapaksa on June 16 2020.