Health Minister Dr.Ramesh Pathirana yesterday pledged to increase the local drug production within the next five to 10 years and to provide quality drugs at a low cost.The Minister stated that more ...
Prices for non-food items, however, climbed 5.9 per cent in September after rising 9 per cent year-on-year in August. Sri Lanka experienced record high inflation after its economy was pummelled by the ...
Last year, Sri Lanka exploded into international ... the IMF’s therapy on such matters as how to reduce budget deficits, round up savings, enduce foreign investors to settle within their borders, or ...
The practice of sudden tax rises and falls are made also for protectionism and import substitution as forex shortages emerge from central bank money printing and to reduce consumer retail prices when ...
ECONOMYNEXT – Sri Lanka opposition leader Sajith Premadasa has accused the government of shrinking the economy through its proposal to increase value added tax (VAT) to 18 percent, claiming that it ...
It was after all colossal tax evasions and illicit capital flows of the private sector hand in hand with the political establishment and the Government bureaucracy that were central to Sri Lanka’s ...
The IMF warned in September that Sri Lanka's "full economic recovery is not yet assured." COLOMBO: Sri Lanka's inflation more ...
Sri Lanka’s chase got off to an awful start. Jasprit Bumrah struck with the first delivery before Siraj picked up the next three wickets to reduce them to four for three runs. Coming into the ...
Full recovery is not assured, the IMF said last month. For one, Sri Lanka needs to keep fuel and electricity rates at market prices so that the government recoups costs, it said. Sri Lanka has ...
WASHINGTON, November 9, 2023—The World Bank’s Board of Executive Directors today approved $150 million in financing for Sri Lanka to strengthen the resilience of the financial sector. “Sri Lanka’s ...
New Zealand have returned to their winning ways at the Cricket World Cup following a four-match slump as they defeated Sri Lanka by five wickets at the M Chinnaswamy Stadium in Bengaluru and all ...
Sri Lanka skipper Kusal Mendis appealed Sunday for the governing International Cricket Council to lift its suspension of the country over alleged political interference in the local board. "This ...
