India extends critical forex support of over $ 900 m to SL
India has extended over $ 900 million in facilities to help Sri Lanka get over its serious foreign reserve crisis. Indian High Commissio...Read More
Showing posts with label Finance. Show all posts
Showing posts with label Finance. Show all posts
Dollar crisis : Minister Gammanpila provides update on fuel imports
A fuel shortage may arise by mid-January if Sri Lanka does not sort out its foreign exchange crisis, Minister of Energy Udaya Gammanpila h...Read More
Cabraal meets Qatar Central Bank Governor
Bilaterally beneficial agreements initiated between the two central banks Cabraal says excellent discussion ha...Read More
Why is the cryptocurrency market down today?
THE crypto market have seen mixed results over the past 24 hours after some unfortunate news came out overseas. The price of Bitcoin, th...Read More
Budget 2022 will usher tangible relief to people soon: Cabraal
Central Bank Governor Ajith Nivard Cabraal yesterday assured that the Budget 2022 will usher in tangible and sustainable relief to people ...Read More
Basil boosts confidence of MNCs
Finance Minister Basil Rajapaksa last week boosted the confidence of Multinational Companies (MNCs) in the country, assuring them of resol...Read More
Exports poised to achieve 2021 target of $ 16 b
First 9 months’ haul tops $ 11 b mark, reflecting 70.63% achievement of $ 15.7 b target set for 2021 Despite challenges export...Read More
Advisory committee to revive failed licensed finance companies
The Monetary Board of the Central Bank of Sri Lanka has established an advisory committee to examine possible revival options for failed fin...Read More
Moody’s downgrades Sri Lanka’s debt rating to Caa2
Singapore, October 28, 2021 Moody's Investors Service ("Moody's") has today downgraded the Government of Sri Lank...Read More
Revenue enhancement measures crucial for 2022 Budget
Verité Director Research Deshal de Mel yesterday said revenue enhancement measures remained critical for the upcoming 2022 Bud...Read More
World Bank approves USD 500 mn financing facility for Sri Lanka
The World Bank’s Board of Executive Directors today approved $500 million in financing for Sri Lanka to provide safe, climate-resilient ro...Read More
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