Exclusive articles:
SL surcharge tax on fuel imports to recover Rs700bn CPC instability loan
A new surcharge tax on fuel imports will be used to cover Rs 700 billion (2 billion US dollar) loan taken over from state-run Ceylon Petroleum Corporation, State Minister for Finance Shehan Semasinghe said.
Sri Lanka to implement much delayed SL –Singapore FTA immediately
In an urgent priority move Government is set to implement the Singapore - Sri Lanka Free Trade Agreement (FTA) as soon as possible according highest priority to this task while expediting necessary official procedure towards this end, Presidential secretariat announced.
SL Government burdened with unpaid bills of around Rs. 200 billion
The government is compelled to settle unpaid bills of about Rs. 200 billion, mainly to the construction and various other institutions, says the Secretary to the Ministry of Finance Mahinda Siriwardana.
Sri Lanka Entrepreneurs to get insights on Transform Ideas into Action
The Information and Communication Technology Agency (ICTA) of Sri Lanka and partner organizations will mark Global Entrepreneurship Week (GEW) from 14th -20th November 2022.
US$ 1.7 billion in SOE debt owed to China entered Govt books
Cash strapped government is to restructure some of the profit-making state-owned enterprises while taking over responsibility for US $ 1.7 billion owed to China by State enterprises as it seeks to sell them off and restructure its foreign debt to secure an IMF bailout.