- Friday
- October 10th, 2025
Bhathiya Barukanda
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) accelerated to 1.7% in June 2024 from 0.9% in May 2024. This acceleration in the headline inflation is broadly in line with the...
State Minister for Finance Shehan Semasinghe, announced that all uncertainties surrounding Sri Lanka’s debt sustainability have been resolved. He noted that while the international community has shown optimism about Sri Lanka’s debt restructuring, some local parties remain sceptical for political...
Is It Right or Wrong to Evade Responsibility and Flee in Fear Instead of Assuming the Premiership During the Economic Crisis? – President. President Ranil Wickremesinghe stated that the government has initiated programs such as Aswesuma and Urumaya, and is...
A grace period until 2028 for principal loan repayment. Substantial reduction in interest rates. Extension of the loan repayment period by 8 years. Substantial fiscal capacity includes efforts to restore the economy, bolster reserves, establish fiscal buffers, and enhance debt...
The Sri Lanka Telecommunications (Amendment) Bill to amend the Telecommunications Act was considered at the Committee on Public Finance to which the said approval was granted. This was approved when the Committee on Public Finance met in Parliament on 25.06.2024...
President Ranil Wickremesinghe emphasized that the late leader of the Tamil National Alliance (TNA), MP R. Sampanthan, consistently advocated for Sri Lanka’s territorial integrity and held his distinct perspective on power-sharing. President Wickremesinghe noted that as show of appreciation for...
The Supreme Court has determined that some clauses of the Public Financial Management Bill are inconsistent with the Constitution and can be passed only by a special majority and through a referendum, Speaker Mahinda Yapa Abeywardena announced today.
While delivering a speech in Parliament today, President Ranil Wickremesinghe announced that an agreement was reached on June 26 with Sri Lanka's official creditors about debt repayment, the President's Media Division (PMD) said. They said the authorised Cabinet officials have...
The Sri Lanka Branch of the Nautical Institute honoured the academic excellence of Sri Lanka Navy officers and officers from merchant marine field in a ceremony held at Wave n’ Lake Navy Hall, Welisara on 29th June. The certificate and...
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