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Sri Lanka Concludes Major Debt Restructuring Agreements, Clearing Path for Economic Recovery

In a significant milestone for Sri Lanka’s economic revitalization efforts, the nation has successfully finalized comprehensive debt restructuring agreements with key bilateral creditors. On June 26, 2024, Sri Lanka concluded negotiations with the Official Creditor Committee (OCC) and China Exim...

Development of Enterprises in Colombo Port City to Leverage Digital Technology for Local and Foreign Investors

President Ranil Wickremesinghe emphasized that the government is placing special focus on integrating economic and technical sectors through advancements in computer and information technology. The President highlighted the vision to transform Colombo Port City into a financial zone facilitating offshore...
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I Pledge to Rebuild Economy and Transform Farmers’ Lives – President 

President Ranil Wickremesinghe emphasized his commitment to revitalizing the country’s economy while highlighting transformative changes in the lives of farmers. The President made these remarks during the inauguration of a groundnut processing center in Karadiyanaru, which was constructed at a...

Financial Intelligence Unit of Sri Lanka entered into a Memorandum of Understanding with the Financial Intelligence National Center of the Kingdom of Bahrain

The Financial Intelligence Unit of Sri Lanka (FIU-Sri Lanka) entered into a Memorandum of Understanding (MOU) with the Financial Intelligence National Center of the Kingdom of Bahrain (FINC-Bahrain) on June 04, 2024, at the 30th Plenary of the Egmont Group,...

Financial Intelligence Unit of Sri Lanka entered into a Memorandum of Understanding with the Financial Intelligence National Center of the Kingdom of Bahrain

xr:d:DAFnXDbZRoo:36,j:4282192976072233294,t:23070602 The Financial Intelligence Unit of Sri Lanka (FIU-Sri Lanka) entered into a Memorandum of Understanding (MOU) with the Financial Intelligence National Center of the Kingdom of Bahrain (FINC-Bahrain) on June 04, 2024, at the 30th Plenary of the Egmont...

Sri Lanka Purchasing Managers’ Index (Manufacturing and Services) – May 2024

Purchasing Managers’ Indices indicate improvements in both Manufacturing and Services activities in May 2024. Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 58.2 in May 2024, indicating an expansion in manufacturing activities. All...

Financial Intelligence Unit of Sri Lanka entered into a Memorandum of Understanding with the Commission to Investigate Allegations of Bribery or Corruption

The Financial Intelligence Unit (FIU) of Sri Lanka entered into a Memorandum of Understanding (MOU) with the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) to exchange information relating to investigations and prosecutions of money laundering, bribery or corruption,...

President Assures Proposed Imputed Rental Income Tax Will Exempt Average Earners

Call for Parliamentary Select Committee to Review Supreme Court’s Decision on Gender Equality Bill. Bill Unrelated to Same-Sex Marriage. Protection of Buddhism and Women’s Rights must be assured – President. President Ranil Wickremesinghe delivering a special statement to Parliament today...

Clarification on Imputed Rental Income Tax : Ministry of Finance

PRESS RELEASEClarification on Imputed Rental Income Tax The recent publication of the International Monetary Fund (IMF) supported ExtendedFund Facility (EFF) programme related documents make reference to a proposedproperty tax to be implemented as an imputed rental income tax. The purpose...

The President has effectively executed the program essential for the country’s economic advancement

A 50% subsidy has been introduced to address the challenges faced by Tea Small Holders – State Minister of Social Empowerment Anupa Pasqual. State Minister for Social Empowerment, Anupa Pasqual, stated that meaningful change in the country can only be...
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