Government of Sri Lanka’s (GoSL’s) face value money printing (FVMP) debt breached the Rs 1.8 trillion barrier yesterday, increasing by Rs 29,882 million (1.68 per cent) to Rs 1,804,400.94 million (Rs 1.8044trillion) due to a lack of revenue. GoSL’s F...

The government plans to initiate talks with foreign parties to obtain green bond financing facilities to fund green ongoing projects, to meet the country’s climate commitments and to achieve the Sustainable Development Goals. 

Budget 2022 includes the use of Sri Lanka’s geographical advantages to strengthen the economy as well as measures to mitigate the foreign exchange issue it faces. The budget also includes a number of proposals to revive the economy by successfully coping with th...

The Government has set apart Rs.30 billion through the 2022 budget to rectify the salary anomalies of the teachers and principals that have been left unattended for over 24 years.Finance Minister Basil Rajapaksa at a meeting with teacher and principal trade unions in...