Sri Lanka Raises Taxes Ahead Of Foreign Debt Deal
(AFP)-Sri Lanka slapped a new 18 percent value added tax (VAT) on fuel, mobile phones and computers from Monday toContinue Reading
Tag: Economy
Sri Lanka sees forex reserves exceeding $4 billion after fresh funding
COLOMBO (Reuters) -Sri Lanka said on Wednesday it expects its foreign exchange reserves to rise above $4 billion this month,Continue Reading
Sri Lanka’s economy returns to growth, led by agriculture
COLOMBO (Reuters) – Sri Lanka’s economy grew by 1.6% in the quarter from July to September, official data showed onContinue Reading
Sri Lanka’s second review of $2.9 billion IMF bailout possible in first half of 2024 – official
COLOMBO (Reuters) -The second review of Sri Lanka’s $2.9 billion bailout with the IMF could be completed in the firstContinue Reading
Sri Lanka experiences a temporary power outage after a main transmission line fails
COLOMBO, Sri Lanka (AP) — Sri Lanka experienced an island-wide power outage for several hours Saturday after a system failureContinue Reading
Sri Lanka to receive about $600m ADB funding post-IMF approval – official
COLOMBO (Reuters) – Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank afterContinue Reading
Sri Lanka reaches debt restructuring deal with creditor nations – government source
COLOMBO (Reuters) – Sri Lanka has been informed that a debt-restructuring agreement with creditor nations has been reached but isContinue Reading
Sri Lanka Cricket initiates defamation lawsuit against Sports Minister
Sri Lanka Cricket (SLC) has initiated a defamation lawsuit against the country’s Sports Minister Roshan Ranasinghe, continuing the crisis ofContinue Reading
Sri Lanka Supreme Court holds Rajapaksa bros, top officials responsible for worst economic crisis; does not order any punishment
COLOMBO (Reuters) – Sri Lanka’s top court ruled on Tuesday that former President Gotabaya Rajapaksa and his brother, former PrimeContinue Reading
Sri Lanka’s 2024 budget sets ambitious revenue, deficit targets
COLOMBO (Reuters) -Sri Lanka’s government projected a lower-than-anticipated budget deficit for 2024 on Monday on the back of a significant jump inContinue Reading
MDW Live! News Network 