Tag: SL Government

Sri Lanka will convene a donor conference with the participation of representatives of China, India and Japan to mobilise more foreign assistance and present an interim budget in August prime minister Ranil Wickremasinghe divulged on Wednesday, amid ongoing negotiations with the International Monetary Fund (IMF).

The Colombo Port City will feature prominently at the year’s Commonwealth Heads of Government Meeting taking place in Rwanda this week.

Representatives from Sri Lanka’s financial and legal advisors, Lazard and Clifford Chance LLP now in Colombo have started their preliminary observations of the island nation's debt restructuring amidst the country’s worst economic crisis , Finance Ministry sources said.

Australia’s Minister for Home Affairs Clare O’Neill assures her willingness to provide assistance to increase government revenue and also help in the success of the sustainable Energy Generation Programme through the experience in customs administration.

Sri Lanka’s Excise Department is in the process of enhancing revenue collection and strengthening tax administration with the aim of contributing much needed cash for state coffers in the severe economic crisis, top official of the department said.