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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)

Sri Lanka to recruit nearly 7,500 to public service

The Cabinet of Ministers has granted approval to make nearly 7,500 recruitments to several government institutions based on the recommendations of the committee appointed to review recruitment process of the government service and management of the staff. MORE..

11 Feb 2025 (4:38 PM)

U.S. lifts pause on food donations for World Food Programme

The United States has lifted a pause on food donations, the U.N. World Food Programme said, ending a suspension that an aid watchdog on Monday warned had left 500,000 metric tons of food currently at sea or ready to be shipped in limbo. MORE..

11 Feb 2025 (3:58 PM)

Resource : Ada Derana