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Government now gives prominence to state asset management after decades
Sri Lanka Government is to introduce a State Asset Management Act to evaluate and properly manage the non financial assets belonging to the state hitherto politically and purposely shut down from the radar of successive regimes during the past several decades, a cabinet memorandum revealed.
Sri Lanka Budget 2023 focuses on the welfare of 4 million families
While making the case for tax hikes, State Minister of Finance Ranjith Siyambalapitiya revealed that nearly 4 million families
Ponzi scammers resorts to Crypto Fraud pilfering Rs billions from over 8,000 Sri Lankans
Ponzi scammers are exacerbating the existing economic misery of thousands of Sri Lankans
New Authority for Sri Lanka small islands’ development
The Government will soon set up a Sri Lanka Islands Development Authority to harness maximum benefits of more than 60 small islands around the country developing
Rupavahini Corporation to lease land and property for survival
The Sri Lanka Rupavahini Corporation, (SLRC) the country’s Premier State Media organisation lurched towards financial crisis prompting government authorities to lease out the corporation assets and immovable property to meet recurrent expenditure