Tag: SL Government
Browse our exclusive articles!
IMF keeps faith on SL’s securing of all financing assurances to unlock funding
The International Monetary Fund (IMF) has expressed the belief that Sri Lankan authorities secure financing assurances from all its bilateral creditors soon, so that the Fund’s Executive Board could give its nod to unlock the envisaged US$ 2.9 billion bailout package to support the crisis-hit economy, a top IMF official said.
Economic Commission to facilitate official investment procedure for investors
President Ranil Wickremesinghe stated that an Economic Commission will be formed as early as possible to approve investment projects in order to provide more opportunities to local and foreign investors.
President opens first migratory bird park stepping into avitourism
The country’s first migratory bird park and eco-tourism zone established in Hanthane, Kandy will be opened by President Ranil Wickramasinghe today as a major step towards promoting Avitourism based on bird watching.
No power cuts from today onwards!
The Ministry of Power and Energy announces that there will be no power cuts from today (16) as the Public Utilities Commission of Sri Lanka has approved the 66% increase in electricity tariffs.
Sri Lanka and Russia to further strengthen socioeconomic relations
Sri Lanka has taken major step forward towards strengthening socioeconomic relations with Russia while opening avenues for local businessmen and entrepreneurs to establish contacts with Russian counterparts, official sources disclosed.