A press briefing on the economic stabilization process and the proposed relief packages for the public was held today (26) at the Presidential Media Center (PMC). Minister of Labor and Deputy Minister of Economic Development, Dr. Anil Jayantha Fernando, along with Deputy Minister of Finance and Planning, Dr. Harshana Suriyapperuma, attended in the briefing. The media statement released during the …
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Total exports for November 2024, including both merchandise and services, were recorded at US$ 1,269.33 million, reflecting a marginal increase of 0.04% compared to the same period in 2023. As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in November 2024 amounted to US$ 943.1 million, reflecting a 5.6% decline compared to November 2023. …
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President Anura Kumara Dissanayake expressed his gratitude to the Chinese government for its support during debt restructuring as well as in the face of the economic crisis. He stated that his appreciation extends to China’s assistance in the debt restructuring program and its provision of loans to Sri Lanka during the economic challenges. President Dissanayake made these remarks during a …
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President Anura Kumara Dissanayake has officially appointed members to the Port City Economic Commission. The official letters of appointment were handed over to the members by the Secretary to the President Dr. Nandika Sanath Kumanayake at the Presidential Secretariat today (13). Accordingly Harsha Amarasekera, President’s Counsel, has been appointed as the Chairman of the Port City Economic Commission. The other …
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President Emphasizes Strict Action against Traders Not Adhering to Controlled Rice Prices • White Rice Prices: Wholesale Rs. 215, Retail Rs. 220• Imported Nadu Rice Retail Price Set at Rs. 220• Samba Rice Prices: Wholesale Rs. 235, Retail Rs. 240• Keeri Samba Prices: Wholesale Rs. 255, Retail Rs. 260• President Inquires About Frequent Daily Price Fluctuations in Rice• Consumer Affairs …
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The World Bank has expressed its commitment to supporting the Government of Sri Lanka’s “Clean Sri Lanka” programme, as announced by World Bank Executive Director Parameswaran Iyer during a meeting with President Anura Kumara Dissanayake at the Presidential Secretariat today (04). Congratulating the President on forming the new government, Mr. Iyer affirmed that all ongoing World Bank-supported projects in Sri …
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Global lender says it will release about $333m to crisis-hit nation as signs of economic recovery emerge. The International Monetary Fund (IMF) has approved the third review of Sri Lanka’s $2.9bn bailout but warned that the South Asian island nation’s economy remains vulnerable. The global lender said on Saturday that it would release about $333m, bringing total funding to $1.3bn, …
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The government of President Anura Kumara Dissanayake reaffirmed its readiness to collaborate with the International Monetary Fund (IMF) to advance Sri Lanka’s economic recovery within the context of the mandate. Senior Mission Chief Peter Breuer and the IMF delegation met with President Dissanayake and key ministers of the newly-formed government at the Presidential Secretariat today (18), to discuss the next …
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President Anura Kumara Dissanayake has appointed Dr Hans Wijayasuriya as the Chief Advisor to the President on Digital Economy. President Dissanayake has espoused and reiterated a bold vision and personal commitment to elevate Sri Lanka’s digital economy to a level on par with the most advanced nations in the region, envisaging acceleration of economic growth, national competitiveness and delivery of …
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President Anura Kumara Dissanayake stated that the government’s aim is to create economic independence in the country, and for this, the full support of the country’s exporters is essential. He made this remark during a discussion held at the Presidential Secretariat today (29) with senior officials from the Export Development Board and exporters. The President highlighted the importance of establishing …
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