The Government of Sri Lanka and Agency for French Development (AFD) have reportedly signed a loan agreement for a Rs. 15 billion for waste water disposal project in Ratmalana and Moratuwa.
The government of Sri Lanka is looking at obtaining a US$ 48 million credit line from India for the development of Kankesanthurai (KKS) harbor.
The United States has reportedly said last week that it attaches great importance to Sri Lanka in the Indo- Pacific policy due to the island nation’s strategic geographic location and economic potential.
The Central Bank of Sri Lanka has reportedly noted in its Purchasing Managers Index (PMI) a higher rate of activities in the Manufacturing and Services sectors in January this year when compared to December 2018.
The government of Sri Lanka is looking at expediting the automation process aimed at improving systems in key institutions in order to further improve country’s tanking in the Ease of Doing Business Index.