Tag: SL Government

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Kanchana says he is ready to resign if Patali decides to assume the Minister of Power and Energy post

Minister Kanchana Wijesekera says that if Patali Champika Ranawaka, who is in the Opposition, joins the government and assumes the post of Minister of...

A 90,000 mn Treasury bill auction to be held next week

It is reported that a Treasury bill auction worth Rs. 90,000 million will be held on May 25. Accordingly, bills of Rs. 45,000 million maturing...

SL plans to introduce New budget replacing current budget

Sri Lanka’s new administration headed by Prime Minister Ranil Wickremesinghe is gearing up to present a new, relief-based budget, around next month, replacing budget...

GMOA freed from Padeniya’s control after 12 years!

It is reported that the Government Medical Officers' Association (GMOA) will escape the control of the infamous Dr. Anuruddha Padeniya's group after 12 years. It...

Fitch downgrades Sri Lanka to ‘restrictive default’

COLOMBO: New York-based ratings agency has downgraded debt-ridden Sri Lanka's sovereign rating to “restricted default” after the country defaulted on making international sovereign bond...

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Unified Brand, Rising Revenues, But Can Tourism Deliver?

Sri Lanka’s tourism sector is once again being presented...

Official Creditor Committee Clears SriLankan Airlines Debt Deal, Risks Remain

Sri Lanka has crossed another sensitive checkpoint in its...

GovPay’s Digital Gains Buffer Fiscal Strain after Cyclone

As Sri Lanka grapples with rising public expenditure following...

High Court Upholds Construction Rights in Pentara Residences Dispute

Sri Lanka’s Civil Appellate High Court has decisively rejected...

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