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Parliamentary select committee appointed to investigate causes for financial bankruptcy
A Select Committee of Parliament has been appointed to investigate the causes of the financial bankruptcy declared by the government, the Speaker Mahinda Yapa Abeywardena announced today (06).
Accordingly, the Speaker has appointed the…
Central Bank further reduces policy interest rates
The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 200 basis points (bps) to 11.00 per cent and…
New laws to be enacted to protect religious harmony
New legislation will be enacted to deal with threats posed to religious unity, Minister of Buddhasasana, Religious and Cultural Affairs Vidura Wickramanayaka said.
The Minister told reporters today that no one has the right to…
ADB pledges technical support for reforms in water supply sector in Sri Lanka
The Asian Development Bank (ABD) has expressed willingness to provide the necessary knowledge and technical support for Sri Lanka’s new reform operation program in the water supply sector, along with capacity building projects of the…
Sri Lanka to revive scrapped Japan-funded LRT project
The Sri Lankan government has decided to initiate diplomatic discussions with Japan on the revival of the Japan-funded Light Rail Transit (LRT) project.
The Cabinet of Ministers on Tuesday (July 04) approved a proposal made by President…
Tender issued for 500 MW of renewable energy to be cancelled
The tender issued for 500 megawatts of renewable energy is expected to be cancelled by the Cabinet and a fresh tender will be issued, Minister of Power and Energy Kanchana Wijesekera said.
He said the decision is to be taken as some of…
High-level Israel delegation and EDB discuss avenues to promote bilateral trade
An official delegation from Israel met the senior EDB officials last Thursday and had a fruitful discussion to explore avenues to promote trade and economic cooperation between Israel and Sri Lanka.
The delegation from Israel was…
Governor Senthil meet Andhra CM
Andhra Pradesh Chief Minister Jaganmohan Reddy had a meeting with Eastern Province Governor Senthil Thondaman and discussed to strengthening the bilateral relationship between the two countries and further discussion carried out to setting…
Easter attacks: Appeal against former IGP’s acquittal over taken up in court
Former Inspector General of Police (IGP) Pujith Jayasundara was present before the Supreme Court on Tuesday (04 July), when a petition filed against his acquittal over the 2019 Easter Sunday terror attacks was taken up in court.
An…
Special gazette issued on domestic debt optimization
A special gazette notification on Domestic Debt Optimization (DDO) has been published on Monday (July 03) under which several directives are issued to the Finance Ministry Secretary and the Public Debt Registrar.
President Ranil…