The Central Bank of Sri Lanka has reportedly stated that the total foreign grants received by the country from multilateral and bilateral sources during 2018 had increased to Rs. 12.5 billion from Rs. 8 billion in 2017.
State Minister of Finance in Sri Lanka Eran Wickremeratne has informed parliament last week that state owned enterprises in the country have been allowed to borrow from foreign sources without the lender opening an account inside the island.
Sri Lanka has reportedly participated in the SIAL Canada 2019 Food and Beverage Sector International Exhibition that was held in Enercare Centre, Toronto from April 30- May 2, 2019.
Sri Lanka’s total exports to the South Asia Sub regional Economic Cooperation (SASEC) countries have reportedly recorded an increase from 6% to 8%
Oman has reportedly reaffirmed its commitment to participate in a joint venture to set up an oil refinery with a capacity of 10 million tonnes a year in Sri Lanka’s southern city of Hambantota.