Tag: SL Government
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SL’s economy steadily gains headway with macroeconomic resilience
Sri Lanka’s Central Bank says that the economy is steadily progressing as displayed in the latest economic indicators even though the country’s social instability with trade unions picketing campaigns and employee unrest posed a setback.
Sri Lanka pursues a flexible exchange rate policy from this week
Sri Lanka is set to institutionalize a ‘flexible’ exchange rate regime instead of a floating exchange through the central bank while continuing ‘flexible’ inflation targeting regime.
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).