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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)

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)

Ground frost in Nuwara-Eliya today

The Department of Meteorology says that mainly fair weather will prevail over most parts of the island today (11). MORE..

11 Feb 2025 (7:39 AM)

Resource : Ada Derana