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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)

George Soros used USAID grants to destabilise countries including Sri Lanka, Bangladesh- Report

Hungarian-American billionaire George Soros organisations received $260 million from the US Agency for International Development (USAID) to influence political affairs and destabilise multiple nations, including India and Bangladesh, according to a news report. MORE..

11 Feb 2025 (2:47 PM)

17 police officers dismissed over drug use

A total of 17 police personnel have been dismissed during the last four months over the charges of using narcotic drugs, Police Spokesman SSP Buddhika Manathunga said today (11). MORE..

11 Feb 2025 (1:44 PM)

Resource : Ada Derana