Sri Lanka is set to secure financing support from the IMF after the fund’s Executive Board fixed a date of 20 March to review the US$2.9 billion staff-level agreement that the country signed with the IMF in September 2022.
Another luxury passenger ship ‘Princess Cruise’ docked at the Colombo yesterday morning (11 March), with nearly 2,000 passengers aboard mainly from the US , the fourth luxury cruise with in around three months from the arrival of the previous cruise liner in the island on November 2022 signaling the revival of the country’s hospitality industry.
The Asian Development Bank (ADB), World Bank (WB), USAID and JICA have assured their assistance for the restructuring process of the Ceylon Electricity Board (CEB), Power and Energy Minister Kanchana Wijesekara said.
SriLankan Airlines will unite with the Sri Lanka Convention Bureau to organize the Sri Lanka MICE Expo from 13 – 15 March 2023 at Shangri-La Colombo in a bid to position Sri Lanka as a preferred destination for Meetings, Incentives, Conferences and Exhibitions (MICE).