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SL is closer to rating agencies’ determination on solvency status: CB
Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, is optimistic that completing debt restructuring and beginning repayments will remove the country's 'default' status and restore access to...
2024-07-27
Daily Mirror
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World Bank-funded urea to support small-scale paddy growers
Sri Lanka took delivery this week of the first stock of urea fertiliser purchased with World Bank funding provided under an emergency facility.
2022-10-30
The Sunday Times
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Electricity to cost 2.5% more due to Social Security Tax
Electricity charges will increase by 2.5%, the Public Utilities Commission (PUCSL) confirmed yesterday.
2022-10-27
Daily Ft
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Low interest working capital loan scheme for SMEs under ADB credit line
Small and medium enterprises can avail of working capital loans from banks through a loan scheme facilitated under an existing ADB credit line, the Finance Ministry said.
2022-10-27
LBO
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Government told to act soon on re-profiling domestic debt to avoid haircuts
Sri Lanka could achieve the economic policy goals it aspires without needing to impose ‘haircuts’ on capital or domestic creditors, if the government can act soon and carry out the restructuring effort early. The latest policy no...
2022-10-25
Daily Mirror
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