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US State Secretary says SL has an opportunity to form more democratic Govt:
Sri Lanka is in a moment of challenge and crisis but has an opportunity to create a more democratic and an inclusive Government, says the U.S. Secretary of State, Antony Blinken.
Sri Lanka continues spending heavily for public debt interest payment
Sri Lanka is continuing to spend a substantial amount of its earnings for its interest payment on public debt this year, Finance Ministry data shows.
India and Sri Lanka expedite efforts to finalise ETCA soon
Indian and Sri Lankan authorities are now working towards the finalisation expeditiously of the much delayed and widely debated Economic and Technology Co-operation Agreement (ETCA), which will out strip the existing free trade agreement (FTA) entered in to in March 2000, Trade Ministry sources confirmed.
Sri Lankan migrant workers get additional duty concessions
Sri Lanka government has devised a methodology to provide additional duty concessions extended for Sri Lankan migrant workers based on the amount remitted through official banking channels.
Govt. extends amnesty period to declare foreign currency
The Government has decided to further extend the amnesty period for individuals to deposit or sell the foreign currency in possession.