The OPEC Fund for International Corporation is to provide a US $50 million policy based loan to Sri Lanka, according to a statement by the Department of Government Information
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Russian tourists have given a kickstart to December arrivals, with the country welcoming nearly 24,000 visitors in the first four days of December.
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Sri Lanka’s Cabinet of Ministers has approved a proposal for the introduction of a new digital driving license to replace the existing driving license.
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Sri Lanka received US$ 530.1 million in remittances in November,
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Sri Lanka’s domestic debt increased by $2.4 billion in the third quarter of 2024, reaching $59.9 billion, while the total public debt rose to $103.7 billion, according to the Finance Ministry.
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Behind the News
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The Cabinet has approved an extension of the suspension on ‘Parate executions’ till March 31 of next year, Cabinet spokesman and Minister Nalinda Jayatissa said.
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The United States has imposed sanctions and visa restrictions on two Sri Lankans — Kapila Chandrasena, former CEO of SriLankan Airlines and Udayanga Weeratunga, former ambassador to Russia
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The Essential Food Commodities Importers & Traders Association says that the first shipment of imported rice will arrive in the island this week.
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The Sri Lanka Navy, renowned for its storied history as the nation’s maritime defence force, is celebrating its 74th Anniversary today (9).
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