The cabinet on Monday has unanimously decided to import total requirement of chemical fertiliser for the coming Yala and Maha seasons. Accordingly, Sri Lanka will import 15,000 MTS of Urea, 45,000 MTS of Murate of Potash (MOP) and 36,000 MT...

The government explores the possibility of obtaining fuel and fertiliser from China under a credit facility, Daily Mirror learns. This is in addition to a consignment of diesel to be donated to Sri Lanka by China under its RMB 500 million (U...

 Sri Lanka is in talks with the International Monetary Fund (IMF) to borrow at least US$ 3 billion via the lender’s extended fund facility (EFF), sources familiar with the matter told Reuters.

Sri Lanka Prime Minister Ranil Wickremesinghe in his capacity as Finance Minister will present a supplementary estimate of 695 billion rupees to parliament next Wednesday (08), preceded by a special statement on Tuesday (07) on the state of...