
Sri Lanka’s 2025 Budget: Balancing Fiscal Discipline and Economic Growth
- CNL Reporter
- February 24, 2025
- Weekly Economic Review
- Weekly Economic Review
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Weekly Economic Review
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Weekly Economic Review
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Weekly Political review Sri Lanka’s National Security under Threat: A Deepening Law-and-Order Crisis By Rohana Jith
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The Cabinet of Ministers has granted approval to appoint a committee headed by President’s Counsel Rienzie Arsekularatne to present eligible resolutions to further develop amendments to amend the draft bill on prevention of terrorism.
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The Cabinet of Ministers has approved the proposal presented by the Minister of Power and Energy to take further necessary steps related to the establishment of two solar power plants with capacity of 50 Megawatt and 70 Megawatt at Sampur in Trincomalee, as a joint venture between Sri Lanka and India.
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Minister of Public Security Ananda Wijepala says that the shooting incident that took place inside the Hulftsdrop (Aluthkade) Courts Complex on Wednesday (19) was not any sort of threat to the national security, but instead is linked to longstanding conflicts between organized criminal gangs.
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No relatives of Sanjeewa Kumara Samararatne, also known as “Ganemulla Sanjeewa”, who was killed in a shooting inside the Magistrate’s Court No. 05 at the Aluthkade Courts Complex on Wednesday (19), have come forward to claim his remains.
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The number of elephants killed after the Batticaloa-Colombo train, ‘Meenagaya’, collided with a herd of elephants at Gal Oya has risen to six, while another elephant is reportedly critically injured.
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The Sri Lankan government’s budget highlights the authorities’ commitment to raising fiscal revenues as a share of GDP – an approach that, if successful, would alleviate a long-standing weakness in the sovereign’s credit profile, says Fitch Ratings.
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A suspect in organized crime was assassinated in a daring shooting inside a court in Sri Lanka’s main court complex in the capital Colombo, in the latest in a series of killings by rival gangs in the island.
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Sri Lanka’s Purchasing Managers’ Index (PMI) for January 2025 recorded growth in both manufacturing and services sectors.
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