Sri Lanka will merge liquefied petroleum procurement and distribution operations of Laugfs and Litro Gas and look at government price support, Minister Keheliya Rambukwelle said after the sector was thrown into crisis due to price controls

The Government has decided to obtain a loan of USD 1 billion from international private lending agencies to set off interest payments for loans obtained from two state banks to purchase fuel.

The Government is planning to table a Supplementary Estimate of Rs 200 billion in Parliament shortly, with the aim of getting it passed to control the spread of COVID-19 pandemic as well as to look after State-related expenses....

The Agriculture Ministry has decided to offer Rs.10,000 per hectare for a farmer producing organic fertilizer. The Ministry arrived at this decision at a meeting held at the Agriculture Ministry to discuss the production and supply of organi...