President Dissanayake Urges IMF to Strike a Balance in Economic Recovery Program

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 Appoints Chief Advisor on Digital Economy

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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Full Support from Exporters Essential to Achieve This Goal– President

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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Accelerating Digital Transformation to Drive Economic Growth – President Addresses Sri Lanka Chamber of Commerce Representatives

President Anura Kumara Dissanayake announced that the entire country will undergo digital transformation within the next three years under his administration. He highlighted that digitization holds the potential to elevate Sri Lanka’s global standing and confirmed that the government has already begun implementing related initiatives. These remarks were made during a discussion held today (29) with representatives from the Chamber …

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Sri Lanka’s third review will come up soon: IMF Director of the Asia and Pacific Department

Claiming that Sri Lanka has come a long way in terms of undertaking reforms which have led to some hard won gains, the International Monetary Fund (IMF) said they could move fast towards the third review which will come up soon. IMF Director of the Asia and Pacific Department Krishna Srinivasan told a special briefing that there is consensus that …

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New Zealand High Commissioner Pledges Support for Increased Investments in Sri Lanka

President Anura Kumara Dissanayake met with the High Commissioner of New Zealand, H.E. David Pine, today (25) at the Presidential Secretariat. The High Commissioner congratulated the President on his recent victory and pledged New Zealand’s continued support in building a stronger economy and more effective governance to meet the aspirations of the Sri Lankan people. He expressed his intention of …

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Government to Boost Capacity of Small and Medium Rice Mill Owners to Stabilize Market

President Anura Kumara Dissanayake announced that the government will support small and medium-scale rice mill owners in enhancing their capacity to help stabilize the rice market. He made this statement today (25) during a discussion held with the rice mill owners at the Presidential Secretariat. The President noted that since the government invests significantly in promoting agriculture, irrigation, and fertilizer …

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Sri Lanka abandons plans to sell national carrier – Sri Lankan airline’s new chairman

Sri Lanka’s new government has abandoned plans to sell the debt-ridden national airline SriLankan Airlines, but will restructure it for a more profitable future. “President Anura Kumara Dissanayake has instructed that the airline should be an institution that all Sri Lankans are proud of, and should be owned by Sri Lankans,” the airline’s new chairman Sarath Ganegoda told. The previous …

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Poultry Farmers’ calls for stabilization of poultry feed prices

After a decrease in tourist arrivals and an excess supply of eggs resulted in a reduction in market prices, the All Island Poultry Farmers’ Association has called for a stabilization of poultry feed prices.  “Due to the excess supply of eggs, the market price has reduced to below the cost of production. Therefore we have asked for a stabilization of …

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“Ceylon Tea” brand featured at Saudi International Franchise Market 

Wijar, a Saudi brand of pure Ceylon tea” was featured at the International Franchise Exhibition held in Riyadh, Saudi Arabia from 01 to 03 October 2024. Ambassador of Sri Lanka to the Kingdom of Saudi Arabia Ameer Ajwad attended the exhibition along with the proprietor of the company Faiz Sulaiman Al Faiz, to promote the brand. The Saudi International Franchise …

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