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Creditor Committee wants debt treatment on terms at least as favorable as ones agreed by them

The official Creditor Committee comprised of 17 countries stresses the importance for private creditors and other official bilateral creditors of Sri Lanka to provide a debt treatment on terms at least as favorable as the ones agreed by the Creditor Committee. Releasing a statement after the firs

Cabinet nod for World Bank funded social security programme

The proposed activities of the International Monetary Fund's Extended Fund Facility program include measures to implement a strong social safety net to protect the most vulnerable groups in society, a statement on Cabinet decisions said. This week's Cabinet decisions statement says the World Ban

SJB opposes selling of strategically important SoEs but wants an end to monopoly

SJB Parliamentarian Eran Wickramaratne assured that main opposition was ready with plan and strategies to implement projects for the wellbeing of the people no sooner it comes to office after an elections due shortly. People of this country are eagerly awaiting to oust this government which has

PUCSL Chair calls for 20-pct price drop in electricity rates

The Chairman of Public Utilities Commission of Sri Lanka Janaka Ratnayake says that the electricity consumers should receive an immediate electricity tariff reduction of approximately 20 percent given the facts of reduced the electricity demand in Sri Lanka, reduced exchange rate and reduced of fuel

Sri Lanka to start converting three-wheelers from petrol to EVs enhancing e-Mobility

Sri Lanka, like many other global nations, is working towards adopting greener and cleaner approaches for a more sustainable and resilient future. With the prevailing socio-economic crisis in the island, a shift towards adopting sustainable mobility approaches has been identified as a necessity for

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