Two Pakistani nationals deported on arriving at BIA

Pakistan assures military support for Sri Lanka

Pakistan has reiterated its military support for Sri Lanka following talks held in Colombo. Air Chief Marshal Mujahid Anwar Khan, Chief of the Air Staff, Pakistan Air Force called on Chamal Rajapaksa, State Minister of Defence. The Air Chief assured all-out support and cooperation to Sri Lanka in defence related fields, Daily Times Pakistan reported. Both dignitaries agreed to further enhance the existing bilateral cooperation between both countries. Later in the day, the Air Chief had a mee

08 Feb, 2020

IMF finds Sri Lanka fell short of expected target in 2019

The International Monetary Fund (IMF) said that preliminary data found that Sri Lanka fell short of the primary surplus target in 2019 under the program supported by the Extended Fund Facility (EFF). A statement by the IMF said that the target was missed by a sizable margin in 2019 with a recorded deficit of 0.3 percent of GDP, due to weak revenue performance and expenditure overruns. “Net International Reserves fell short of the end-December target under the EFF-supported program in 2019 by a

08 Feb, 2020

Speaker Karu Jayasuriya says he is ready to step down

Speaker Karu Jayasuriya says he is ready to step down from the post and defended his actions over the past five years. Speaking to Chief Prelates in Kandy today, the Speaker said that his appeal to the public is to ensure they elect individuals to Parliament who can be respected. The Speaker said that his hands were clean and that he ensured democracy was protected during the five years he held office. Later, speaking to reporters, the Speaker said that he had never used Government funds to p

08 Feb, 2020