The World Bank (WB) has recently approved $80.5 million additional financing to help Sri Lanka access and distribute fairly COVID-19 vaccines and to strengthen the country’s vaccination system and pandemic response. htt...

WB loans US $69.33 mn for Kandy Multimodal Transport Terminal Project The Government of Sri Lanka and the World Bank signed a loan agreement for US $69.33 million for the Kandy Multimodal Transport Terminal Development Project, which...

The Health Ministry has failed to recover Rs 51 million from the contractor, who undertook the construction of the seven-storey Millennium Ward Complex at the Colombo South Teaching Hospital in Kalubowila, after the contactor failed to complete the work on time. This wa...

The United States has offered Sri Lanka support to manage its debt and find a more sustainable path forward. The US Ambassador to Sri Lanka, Alaina B. Teplitz told journalists at a media roundtable that the Sri Lankan Government must look at its debt burden realisticall...