IMF says, Sri Lankan economy is normalizing yet notes reforms play a key role
IMF has projected a real GDP growth of 4.6% over the medium term with the economy expected to reach normalcy in 2018.
22
Jan
18
Jan
Sri Lanka’s Agriculture Ministry to enter into an agreement on agricultural cooperation with Turkey
The government of Sri Lanka is to enter into an agreement on agricultural cooperation with Turkey in line with a proposal put forward by Agriculture Minister Duminda Dissanayake.
18
Jan
ADB Board approves US$ 75 million as additional support to the development of SMEs in the country
The Asian Development Bank (ADB) has reportedly announced that the Bank’s Board of Directors has approved an additional US$ 75 million in financing to support the development of small and medium-sized enterprises (SMEs) in Sri Lanka.
18
Jan
Sri Lanka’s Cabinet of Ministers approve final draft of FTA to be signed with Singapore
Sri Lanka’s Co-Cabinet Spokesperson, Minister Gayantha Karunathileka says the Cabinet of Ministers has granted approval to the final draft of the proposed Free Trade Agreement (FTA) to be signed with Singapore.
17
Jan
Sri Lanka records increase in local tea production in 2017 indicating recovery from seven year low hit
Tea production in 2017 has been recorded at 307 Mnkg, which is up only 5 percent when compared with the