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Ada Derana News

Sri Lanka risks losing IMF tranche without new taxes, expert warns

Former Deputy Governor of the Central Bank of Sri Lanka (CBSL) Dr. W.A. Wijewardena is of the view that the government is constrained by its agreement with the International Monetary Fund (IMF) and the benchmarks set by the Economic Transformation Act, making it challenging to achieve the targeted revenue of 15.1% of GDP this year. MORE..

11 Feb 2025 (8:50 AM)

Govt. to seek investors to develop Sapugaskanda oil refinery complex

The Cabinet of Ministers has approved call for expressions of interest for the identification and selection of suitable investors for the development and expansion of the Sapugaskanda oil refinery complex. MORE..

11 Feb 2025 (4:35 PM)

Special traffic plan in Colombo for today and tomorrow

Motorists are advised to expect significant traffic congestion in Colombo as the annual Navam Maha Perahera of the Hunupitiya Gangaramaya Temple is set to take place today (11) and tomorrow (12). MORE..

11 Feb 2025 (9:34 AM)

Resource : Ada Derana