Srima Dissanayake has died

UNDP says Sri Lanka?s economic crisis offers a historic opportunity

The United Nations Development Programme (UNDP) says Sri Lanka?s economic crisis offers a historic opportunity to optimise the use of resources for SDG attainment. UNDP in Sri Lanka, Resident Representative, Ms. Azusa Kubota said that there needs to be?concerted efforts to strengthen the linkages among planning, budgeting, monitoring and oversight and citizens? engagement. The United Nations Development Programme (UNDP) in Sri Lanka, in collaboration with the Ministry of Finance, Inland Revenu

12 Jun, 2024

President says polls will decide country?s success or failure

President Ranil Wickremesinghe says Sri Lanka is politically bankrupt and the upcoming presidential election will decide the country?s success or failure. The President noted that if the people are satisfied with the government?s program, they can support it or they will face the consequences of living in a country with a collapsed economy, struggling to supply essential items like medicines and fertilizer, and experience long queues for fuel and gas. President Wickremesinghe made these remark

12 Jun, 2024

Central Bank to regulate all money transfer services in Sri Lanka

The Central Bank is to regulate all money transfer services in Sri Lanka, the Central Bank of Sri Lanka (CBSL) said in a statement. Currently, institutions providing money transfer services in Sri Lanka such as banks and non-bank financial institutions, are regulated by the Central Bank of Sri Lanka or other relevant authorities to ensure financial system stability. However, some entities providing similar services operate outside the formal system, potentially disrupting the money transfer sy

12 Jun, 2024