Sri Lanka was experiencing rapid growth in electronic transactions and expected payment value to exceed Rs. 300 billion by the end of this year
Minister of Finance and Mass Media Mangala Samaraweera says that the Sri Lankan government is working on a trade facilitation platform that will simplify processes
Sri Lanka’s Prime Minister Ranil Wickremesinghe has reportedly said the government has invited countries including India to develop part of the Trincomalee harbor.
The 2018 Budget, tabled in Parliament on 27 October 2017 by Prime Minister and Minister of Finance YAB Dato’ Sri Najib Tun Razak, entitled “Prospering an Inclusive Economy, Balancing Between Worldly and Hereafter, for the Wellbeing of Rakyat, Towards the TN50 Aspiration” is aimed towards more inclusive distribution of wealth amongst the Rakyat through strong economic growth and competitiveness.
The Asian Development Bank (ADB) is to extend a loan facility to the Ceylon Electricity Board (CEB) amounting to US$ 200 million under a sovereign guarantee to build a wind farm in the northern Mannar island.