Despite tightening of monetary policy and curtailing money printing, the Central Bank is to raise Rs 98 billion in the New Year through an auction on January 04 2023.
The Food and Agriculture Organisation (FAO) of the United Nations is set to scale up its emergency and resilience interventions in Sri Lanka given the current unprecedented economic crisis in the country.
Sri Lanka’s ambitious target of US $1 billion monthly foreign inflow from worker remittance by end-2023 is set to become reality amidst signs of sending more money by expatriates via banking channels.
Sri Lanka has initiated a new promotional campaign in Brazil to lure tourists in the New Year 2023 following the revival of tourism this year with arrivals around a total of 73,314 tourists as of December 26.