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The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.
Featured Insight
The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.
Featured Insight
The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.
Featured Insight
The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.
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Sri Lanka to get more ADB, WB budget support loans after IMF review
Sri Lanka is anticipating increased budget support loans following an expected International Monetary Fund (IMF) review in December, according to Central Bank Governor Nandalal Weerasinghe. The loans from the IMF, Asian Development Bank, and World Bank are aimed at aiding budgetary financing. Wee...
2023-11-27
Economy Next
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MPs monthly benefits to increase
It has been decided to increase the monthly benefits granted to MPs, while each MP is also set to be provided with an insurance cover worth Rs 1 million. A proposal to this effect had been submitted by Speaker Mahinda Yapa Abeywardene to the Select Committee on Parliame...
2021-03-14
Ceylon Today
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Sri Lanka sugar scam saga: questionable tax changes not new, no revenue ‘loss’: Finance Ministry
Sri Lanka’s current administration is under fire after sugar taxes were cut to 25 cents from 50 rupees a kilo when one trader in particular had imported unusually large volumes of sugar and sold them far above the cleared price, arbitraging the taxes... The opposition charged that a large c...
2021-03-13
EconomyNext
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Serious Weaknesses Revealed in Evaluating Bids by Lanka Coal Company Ltd.
The first COPE report of the first sessions of the present Parliament which was tabled in the House has revealed that there has been serious weaknesses in the process of evaluating bids by the Lanka Coal Company Ltd., for purchasing coal, causing huge losses while procu...
2021-03-11
Daily Mirror
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Protecting ‘Crudia Zeylanica’ tree in Central expressway Additional cost of Rs.8 Bn if original plan altered
State Minister for Rural Roads Nimal Lansa said it would additionally cost as much as Rs.8 billion for the construction of the Central Expressway if its original route was altered to protect ‘Crudia Zeylanica’ tree.
2021-03-06
Daily Mirror
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