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Sri Lanka to officially downgrade to Low Income Country

The Cabinet has granted approval to the proposal to downgrade Sri Lanka’s status from Middle Income Country to a LowContinue Reading

Bangladesh to participate in Dutch Design Week (DDW)

For the first-time in Europe, Bangladeshi manufacturers and entrepreneurs will be presented at the Dutch Design Week (DDW) 2022 in Eindhoven, Netherlands.

Sri Lanka clarifies remaining middle-income country, but still seeks concessional loans

Sri Lanka will remain a middle-income country but request the World Bank to grant it some loans generally offered to poorer nations, the president's office said on Tuesday, clarifying a cabinet spokesperson's earlier comments on the matter. The island nation of 22 million is facing its worst economic crisis in more than seven decades and the spokesperson said earlier in the day that the government would seek to change its economic status to "low-income country" for easier funding. President Ranil Wickremesinghe's office, however, said the status change would not happen.

Sri Lanka to be downgraded to a low income Country

Sri Lanka to be downgraded to a low income Country Hiru News Most visited website in Sri Lanka,Sri Lanka Latest news updates from Sri Lanka. Sri Lanka News updates and discussions. Welcome to the No1 online news Site for Sri Lankans. A Rayynor Silva Holdings Company

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