Japan has rescheduled defaulted loans of 369.453 billion yen (about 2.5 billion Us dollars) due from Sri Lanka were rescheduled till 2042,
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Chief Minister M K Stalin on Friday wrote to External Affairs Minister S Jaishankar, apprising him of the arrest of 14 Tamil Nadu fishermen by Sri Lanka and sought effective steps for the release of all the detained fishermen and their fishing boats.
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The International Monetary Fund (IMF) on Friday said its executive board completed the third review under the 48-month Extended Fund Facility (EFF) Arrangement for Sri Lanka, allowing the government to draw SDR 254 million (about US$334 million) to support its economic policies and reforms.
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Sri Lanka has not been informed in writing by USAID about cancelling projects with the government, Deputy Minister of Finance and Planning, Harshana Suriyapperuma said.
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A 1.3 million euro project, funded by the European Union, aims to bolster crisis preparedness within communities across selected Sri Lankan districts and Maldivian islands.
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Sri Lanka and the United Arab Emirates (UAE) signed an agreement on Reciprocal Promotion and Protection of Investments to strengthen economic and investment relations between the two countries, the President’s Media Division (PMD) said.
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Weekly Political Review Early Challenges and Diplomatic Moves amidst Domestic Discontent By Rohan Jith
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Sri Lanka and India have discussed resuming a second passenger ferry service between the island and the sub-continent during President Anura Dissanayake’s state visit.
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Sri Lanka has emerged as a premier destination for solo travelers, according to new data from Flash Pack and Forbes magazine.
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Sri Lanka’s estate sector community is likely to receive significant multinational support, with the Japan International Cooperation Agency (JICA) looking to extend its assistance to improve the social and economic conditions of the estate communities.
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