While keeping his radio silence and switching on his ‘rediffusion’ , Central Bank Governor Nandalal Weerasinghe said with or without the International Monetary Fund (IMF), Sri Lanka needs to bring in reforms to correct the economy and put it on a sustainable footing.
Sri Lanka’s initiative of developing Trincomalee as an “industrial harbour” is now underway with a Korean firm stepping into setting up a container factory in Trincomalee with US$ 50 million investment.
Sri Lanka has recently proposed to set up a group of Eminent Persons with a view to helping galvanize greater political will and to create further international awareness among states on the importance of combating terrorist financing, at the recently concluded 3rd No Money For Terror (NMFT) Ministerial Conference in New Delhi.
The Uma Oya multipurpose development project is expected to be connected to the National Grid by June 2023, Minister of Power and Energy Kanchana Wijesekera said on Tuesday (13).