He reasoned that Sri Lanka is not depressed over paying foreign debts, adding that fiscal policy and discipline can be properly maintained.
Professor Samarakoon emphasized that there is a sum of 7.2 Billion US Dollars in the Sri Lankan treasury and that none shall be worried as into what capacity Sri Lanka can reach for paying the foreign debts.
He made these comments in attending to the press conference held in regard to announcing the Cabinet decisions yesterday (22).
HUAWEI, Sri Lanka’s number one smartphone brand, unveiled their innovative Mate 20 series smartphones at a gala launch recently. The event was held under the patronage of HUAWEI Device Sri Lanka Country Head Peter Liu, Singer Sri Lanka PLC Group CEO Mahesh Wijewardena, Marketing Director Kumar Samaraisnghe, Digital Media Director Jagath Perera and Head of Device Business, Group Business Operations – Mobile Telecommunication Dialog Axiata PLC Ayomal Gunasekara, Mobitel Senior Manager – Data, Device & Enterprise Strategy Yasiru Abeygunawardana, including dealers and other dignitaries. Professional Athele Dinesh Deheragoda, Corporate Leader and Photographer, Dr. Vickum Senanayake also participated at the event.
Phase five of the programme launched by the Development Lotteries Board (DLB) to grant tricycles to differently abled Sales Assistants was successfully held in Kurunegala on 10th November.
Aswin de Silva has resigned from the post of Chairman of the state-owned National Savings Bank (NSB) on Monday,Mr de Silva confirmed .
BMW Asia and Prestige (Pvt) Ltd, the sole authorised importer and distributor of BMW vehicles in Sri Lanka, launched the first-ever BMW 6 Series Gran Turismo (GT) at an event held at the Hilton Colombo recently.
Dialog Axiata PLC and Ericsson, two of the leading communication service providers, and the Ministry of Telecommunication, Digital Infrastructure and Foreign Employment, signed a Memorandum of Understanding to set up Sri Lanka’s first 5G Innovation Center.
GTI, Informa and Huawei successfully held the Asia-Pacific WTTx (fixed wireless access) summit with the theme ‘Bring Affordable and Fast Fixed Wireless Broadband to Every Household’.
Danish pump manufacturer Grundfos will be partnered with Sri Lankan government to bring innovative water technologies alive into the country.