The government of Sri Lanka and the Asian Development Bank (ADB) has signed three loan agreements totaling US$ 455 million for projects in higher education and transport as well as a technical assistance loan in the urban sector.
Sri Lanka’s Minister for Economic Reform Harsha de Silva has said that the officials from the Sri Lankan government has had talks with the US Millennium Challenge Corporation (MCC) to resume a grant that was halted during a political crisis that took place end of last year.
The Ministry of Tourism Development and Wildlife Conservation in Sri Lanka has reportedly launched an online entry permit service for national parks in a bid to make the process people-friendly and to manage over-visitation.
The International Monetary Fund (IMF) is to send a team of official to Sri Lanka for discussions on resuming a financial programme with the country
The Hambantota International Port (HIP) in Sri Lanka’s southern coast has reportedly handled its first shipment for the cement industry with the port now diversifying into the bulk cargo business.