Tag: Politics
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Sri Lankans reduce the use of credit cards in economic downturn
Sri Lankans, whose real incomes are getting hammered on a daily basis from soaring inflation, have reduced the use of their credit cards, as there was a slight drop in the outstanding balance of credit cards, when the financial and economic misery became more pronounced
PM dismisses media reports that he would replace the CBSL Governor
Prime Minister Ranil Wickremesinghe has dismissed media reports that he would replace the Governor of the Central Bank. According to sources, the Prime Minister...
Government loses Rs.94bn from concessionary vehicle permits per annum
Sri Lanka is losing around Rs.94 billion annually from the concessionary vehicle permits, which is nearly equivalent to the amount the government collects from...
Sri Lanka liquor demand down by 30 percent but revenue up
Sri Lankans demand for liquor has decreased by about 30percent due to the recent increase in the price of liquor and the decrease in the income of the people of the country,. the Committee on Public Finance (COPF) revealed.
SL to convene a donor conference with 3 main lending countries – PM
Sri Lanka will convene a donor conference with the participation of representatives of China, India and Japan to mobilise more foreign assistance and present an interim budget in August prime minister Ranil Wickremasinghe divulged on Wednesday, amid ongoing negotiations with the International Monetary Fund (IMF).