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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)

Trump says ceasefire deal should be canceled if Hamas doesn t release all hostages by Saturday

President Donald Trump said Monday that a precarious ceasefire agreement between Israel and Hamas should be canceled if Hamas doesn t release all the remaining hostages it is holding in Gaza by midday on Saturday though he also acknowledged that such a decision would be up to Israel. MORE..

11 Feb 2025 (8:11 AM)

Resource : Ada Derana