The International Monetary Fund today praised the Central Bank of Sri Lanka’s decision to raise the policy rate and said it “shows its commitment to… Read More »IMF Praises Sri Lanka’s Decision To Raise Policy Rate
Taking everyone by surprise, the Monetary Board of the Central Bank today raised policy interest rates by 100 basis points, though many predicted the monetary… Read More »CB Delivers Surprising 100bps Rate Hike Amid IMF Insistence
United National Party (UNP) Leader Ranil Wickremesinghe had proposed to wind up the party following its humiliating loss at the last elections, former Minister Navin… Read More »Ranil Proposed Winding Up UNP
The Supreme Court today issued an interim order preventing the Treasury Secretary, the Attorney General who is representing the President and any other state official… Read More »SC Issues Interim Order Preventing Treasury Secretary And AG From Withholding Funds Allocated For LG Polls
Martin Raiser WB VP points out road to recovery is challenging and fiscal adjustment measures can be painful Stresses international community must help Sri Lanka… Read More »Depth Of Crisis Affirms SL Needs New Economic Development Model: WB
The Court of Appeal today issued a writ of certiorari quashing the charges against former Finance Minister Ravi Karunanayake in connection with two cases filed… Read More »CA Quashes Charges Against Ravi In Two CB Bond Cases
Former Chairman of the Elections Commission Mahinda Deshapriya today confirmed that he has submitted an application to serve as a member of the Elections Commission.… Read More »Deshapriya Applies For Elections Commission Again
Martin Raiser WB VP points out road to recovery is challenging and fiscal adjustment measures can be painful Stresses international community must help Sri Lanka… Read More »Depth Of Crisis Affirms SL Needs New Economic Development Model: WB
The Cabinet approved signing the international conventions relating to generate electricity using nuclear power as it was a reliable, low-carbon baseload source of electricity to… Read More »SL To Have Nuclear Power Plant In Near Future: Atomic Energy Board Chairman
The Cabinet approved signing the international conventions relating to generate electricity using nuclear power as it was a reliable, low-carbon baseload source of electricity to… Read More »SL To Have Nuclear Power Plant In Near Future: Atomic Energy Board Chairman