Even amidst economic crisis, cash strapped Sri Lanka is striving to develop Colombo as a destination for aviation by completing the construction work of the Terminal 2 of Bandaranaike International Airport (BIA) this year.
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.