Former intelligence chief appears before the FCID

Sri Lanka to receive first tranche of IMF funds in two days

Sri Lanka is expected to receive the first tranche of funds from the International Monetary Fund (IMF) in 2 days, Peter Breuer, Chief of the Debt Capital Markets Division, Monetary and Capital Market Department at the IMF said. He said Sri Lanka has incorporated a number of measures to commence the reforms process, as agreed upon with the IMF. Breuer also said that steps are being taken to make the Central Bank of Sri Lanka more independent. The IMF also said that the disbursement of the fund

21 Mar, 2023

India, Bangladesh inaugurate cross-border energy pipeline

India and Bangladesh on Saturday inaugurated a cross-border pipeline that will have the capacity to supply one million metric tonnes of diesel a year from Assam?s Numaligarh refinery to the northern parts of the neighbouring country. The India-Bangladesh Friendship Pipeline (IBFP), inaugurated during a virtual ceremony by Prime Minister Narendra Modi and his counterpart Sheikh Hasina, will cut the time and cost of supplying fuel from India and bolster energy connectivity between the two countri

21 Mar, 2023

India and Sri Lanka discuss way forward in bilateral economic cooperation

India and Sri Lanka today discussed the way forward in bilateral economic cooperation. Sri Lanka?s High Commissioner to India Milinda Moragoda met with the Minister of Finance and Corporate Affairs of India Smt. Nirmala Sitharaman in New Delhi today (21). This was the latest of a series of meetings High Commissioner Moragoda has had with Minister Sitharaman since November 2021 on Indian economic cooperation and assistance to Sri Lanka in the context of the present economic crisis. At the outs

21 Mar, 2023