Sirasa Lakshapathi 2023-03-18

The efforts to increase tax revenues should be pursued in a growth-friendly manner while protecting the poor and vulnerable people, says Peter Breuer, the IMF Asia Pacific Department s Senior Mission Chief for Sri Lanka. MORE..

21 Mar 2023 (11:19 AM)

Showers or thundershowers will occur at several places in Sabaragamuwa, Central, Uva, North-Central and North western provinces and in Trincomalee, Vavuniya, Mullaitivu and Mannar districts during the afternoon or night. MORE..

21 Mar 2023 (8:58 AM)

Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe s office said on March 20, 2023 on the eve of a desperately needed $2.9 billion IMF bailout. MORE..

20 Mar 2023 (10:51 PM)

The Executive Board of the International Monetary Fund (IMF) approved today a 48 #8209;month extended arrangement under the Extended Fund Facility (EFF) with an amount of SDR 2.286 billion (395 percent of quota or about US$3 billion), the international lender announced. MORE..

21 Mar 2023 (12:34 AM)

Three Fundamental Rights (FR) petitions filed requesting the annulment of former President Gotabaya Rajapaksa s decision to pardon former MP Duminda Silva, who was convicted and sentenced to death over the murder of Bharatha Lakshman Premachandra, have been taken up for hearing once again today (March 20) before the Supreme Court. MORE..

20 Mar 2023 (8:44 PM)

Sri Lanka, with the help of its legal and financial advisors, must present a debt restructuring strategy before the end of April 2023 in order to reach the International Monetary Fund s targets to achieve debt sustainability, Peter Breuer, the IMF Asia Pacific Department s Senior Mission Chief for Sri Lanka said today. MORE..

21 Mar 2023 (2:29 PM)