Tag: SL Government
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SL export haul surpasses US$13 billion in 2022 missing $ 16 billion target
Sri Lanka’s merchandise exports in 2022 posted US $ 13.07 billion, up by 5% from 2021 sustaining its resilience, but fell short $ 1.03 billion from the set target of $16 billion.
Sri Lanka compels to clear another hurdle of domestic debt restructuring
Sri Lanka is to clear another hurdle of massive domestic debt restructuring as external creditors want more details of government debts before formal negotiations, informed sources said.
China’s assurance for SL debt restructuring hangs on the IMF balance
China’s offer to Sri Lanka of a two-year moratorium on its debt is not acceptable as its in adequate and without haircut to enable Sri Lanka to receive the clear the path for the International Monetary Fund (IMF) board approval for US $2.9 billion Extended Fund Facility , informed sources said.
Sri Lanka takes initial strides to tap Spanish tourist market in a big way
Spain is one of the fastest recovery markets for Sri Lanka Tourism after the pandemic and participation in FITUR argues well for the much-needed exposure for Sri Lanka as an attractive tourism destination for Spanish-speaking countries, SL tourism promotion bureau sources revealed.
Sri Lanka to regularize mobile phone business issuing import license
Sri Lanka in its way towards high digital connectivity is set to regulate the mobile phone industry by making licenses to import handsets with the aim of busting the snuggling and grey market, finance ministry sources said.