Tag: SL Government
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Indo –Sri Lanka ferry service to commence end of April
Passenger ferry service from Kankesanthurai port in Jaffna and Puducherry is slated to commence from April 29 between the two countries India and Sri Lanka.
Sri Lanka seeks US$ 1 billion currency swap from India to facilitate trade
After receiving the US$330 million first tranche of the International monetary Fund’s (IMF) Extended Fund facility of around $3 billion, Cash strapped Sri Lanka is in talks with India for a billion US dollar equivalent Indian rupee central bank swap, to facilitate trade.
Sri Lanka to receive the first tranche of US$2.9 billion IMF EFF in 2 days
Sri Lanka is expected to receive the first tranche of funds from the International Monetary Fund (IMF) in 2 days, Peter Breuer, Chief of the Debt Capital Markets Division, Monetary and Capital Market Department at the IMF said.
Sri Lanka Govt to resume interest-free student loan scheme for students
The government has decided to resume the interest-free loan scheme for students who passed the G.C.E. Advanced Level examination but could not secure admission to state universities.
Rupee could fluctuate from time to time: State Minister
Although certain parties have accused the Central Bank and the government of artificially strengthening the value of the rupee against the dollar,