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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)

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)

Island-wide power cuts will be implemented today (11) as well, as a result of an issue which arose at the Norochcholai Coal Power Plant, where the automatic protocol system has disconnected all three generators. MORE..

11 Feb 2025 (8:59 AM)