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ECONOMYNEXT – Sri Lanka will turn billions of rupees worth contractors bills due from government into money at 4 percent,

Cabinet approves deferring 2Q taxes payment until year end Tax arrears to be released, induction orders on banks suspended until

Insists all steps taken within its mandate Points out provided liquidity to Govt., managed currency pressures in April, preserved reserves 

The Central Bank has approved 13,861 loan applications under the Phase-I of Saubagya (Prosperity) Loan Scheme, totaling Rs. 27.9 billion,

Says announced measures were already underway and decided at Monetary Board prior to incident  The decisions that were taken last

The Cabinet has approved a proposal from Agriculture Minister Chamal Rajapaksa to manufacture Phosphate Fertilizer at Eppawela aimed at Sri

The Cabinet of Ministers, at a recent meeting has decided to increase the concessionary financing from Rs. 25 billion to

Sri Lanka Insurance emerged as the only insurer in Sri Lanka to maintain National Insurer Financial Strength (IFS) rating of

Construction sector is expected to demonstrate resilience compared to other economic sectors of Sri Lanka ICRA Lanka in their Construction