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IMF team holds talks with SL PM in parallel to debt advisers consultations

Representatives from Sri Lanka’s financial and legal advisors, Lazard and Clifford Chance LLP now in Colombo have started their preliminary observations of the island nation's debt restructuring amidst the country’s worst economic crisis , Finance Ministry sources said.

Australia to assist SL to tackle economic crisis within IMF framework

Australia’s Minister for Home Affairs Clare O’Neill assures her willingness to provide assistance to increase government revenue and also help in the success of the sustainable Energy Generation Programme through the experience in customs administration.

Excise Department goes for digitisation to improve tax revenue

Sri Lanka’s Excise Department is in the process of enhancing revenue collection and strengthening tax administration with the aim of contributing much needed cash for state coffers in the severe economic crisis, top official of the department said.

Port City Development Regulations taint with irregularities

Numerous concerns are being raised over irregularities and alleged unlawfulness of outdated physical models (town planning/urbanisation) under the Colombo Port City Development Control Regulations (DCR). The DCR was unveiled on June10

TISL files petition in SC urging accountability for economic crisis

Transparency International Sri Lanka (TISL) and three individuals recently filed a fundamental rights petition in the Supreme Court calling for action against persons responsible for the current economic crisis in Sri Lanka.

Breaking

UN Flags Sri Lanka’s Slow Progress on Enforced Disappearances

The United Nations Committee on Enforced Disappearances (CED) has...

Sri Lanka Tourism Surges: October Arrivals Break New Records

Sri Lanka’s tourism industry has entered October on a...

Banking Sector Assets Expand 14.9% amid Profit Surge and Lower Defaults

Sri Lanka’s banking sector displayed renewed resilience in the...

Mini World’s End Temporarily Closed Following Wasp Attacks

The Meegahakivula Pradeshiya Sabha has temporarily closed the Mini World’s End tourist site...
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