10 (Xinhua) -- Sri Lanka's Finance Minister Ravi Karunanayake has been selected as the Finance Minister of the Year for Asia-Pacific by "The Banker" magazine for his efforts to steer Sri Lanka into a new era of economic reform, a Finance Ministry statement said here on Tuesday. The ...
ECONOMYNEXT – Sri Lanka will change the law of a state commodity trading company to allow it to license competitors, a government statement said, after import bans, high taxes and price controls created shortage of rice in the country. The governing law 54 year old of the state-run Paddy ...
reliable, and future-ready electricity grid. As Sri Lanka continues to transition towards a renewable energydriven power system, CEB is proactively implementing both immediate and long-term solutions to strengthen grid stability.
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This Financial Sector Assessment (FSA) is based on the work of the joint World Bank and IMF Financial Sector Assessment Program (FSAP) update team that visited Sri Lanka between June 20 and July 3, 2007. The principal objectives of the FSAP Update were to: (i) assess developments in the ...
COLOMBO (Reuters) - Sri Lanka is aiming to attract well over $1 billion in foreign direct investment this year, an official said on Friday, as the country wrestles with its worst financial crisis since independence in 1948. These include proposals by Marubeni Corp and ...
The central bank said that the policy adjustments would help Sri Lanka stabilize its inflation to between 4 and 6 percent in the medium term. The bank said that they considered the impact of tighter monetary conditions on overall economic activity, including the micro, small, and medium scale ...
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[00:50.20]Sri Lanka is seeking a financial rescue plan [00:53.28]from the IMF and other organizations. [00:55.88]But top officials say the country's finances [00:59.68]are so poor that even getting a bailout has been...