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SL economy to contract more than 6% with IMF loan stalled
Governor of the Central Bank Dr. Nandalal Weerasinghe says that Sri Lanka’s economy is likely to contract more than 6% in 2022.
IMF bail out turns bleak in political turmoil and confidential file grab
Sri Lanka’s prospects of receiving the International Monetary (IMF) bail out package to avert the economic crisis became bleak with the intensifying of political instability and failure to reach a consensus on forming an all party government.
Will Indian Rupee replace Sri Lankan Rupee?
The Reserve Bank of India on 11 July, asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency, reported PTI.
Joseph Fraser, the unique and prestigious maternal hospital introducing unique services
Joseph Fraser Memorial Hospital, a name synonymous with women and children healthcare in the country, recently introduced birth delivery within the patient’s suite complementing a more home-like experience and water birth, making it a first of its kind initiative and a significant milestone
Acting President issues a statement on the current situation of the country
Acting President Ranil Wickremesinghe has stated that the absence of a proper Easter Sunday investigation has meant that this issue has still not been fully resolved.