Tag: SL Government
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Central Bank announces new relief for MSME’s at their last breath
The Central Bank has announced new concessionary measures on the debt of micro, small and medium enterprises (MSMEs) and individuals including fixed income earners and pensioners affected by the present macroeconomic conditions.
USAID, and FAO to boost Sri Lanka rice-based ecosystem productivity
FAO, USAID, and the Ministry of Agriculture’s Department of Agriculture are developing a plan of action to increase the paddy productivity of the Dry and Intermediate Zones.
Chinese and Bulgarian travelers set foot in the island signaling new boom
Sri Lanka Tourism Development Authority headed by well experienced tourism expert Priynatha Fernando, Sri Lanka has achieved the revised target of 700,000 million arrivals set for last year (2022).
European Investment Bank waits for IMF offer to unlock aid for Sri Lanka
The European Investment Bank (EIB) has expressed willingness to continue its financial assistance to Sri Lanka even making new fiscal commitments following the outcome of the country’s effort to gain the US$2.9 billion IMF extended Fund Facility.
President outlines plans to attract over two million tourists
President Ranil Wickremesinghe has outlined plans to attract over two million tourists to Sri Lanka, including those willing to spend $500 per day although tourist numbers had dropped following the protests in May and June of last year.