Damitha Abeyratne remanded

IMF keeping a close eye on China-Sri Lanka currency swap

The International Monetary Fund (IMF) is keeping a close watch on the currency swap deal reached between China and Sri Lanka. China has approved a 10 billion yuan ($1.54 billion) currency swap with Sri Lanka. State Minister of Money and Capital Market and State Enterprise Reforms Ajith Nivard Cabraal had said that the deal will allow the island to weather present difficulties. Gerry Rice of the Communications Department at the IMF told reporters that the IMF is closely monitoring economic pol

12 Mar, 2021

Mahinda to attend independence anniversary of Bangladesh

Prime Minister Mahinda Rajapaksa is to attend the 50th independence anniversary celebrations in Bangladesh. Bangladesh Foreign Minister Dr AK Abdul Momen told reporters today that Maldives President Ibrahim Mohamed Solih, President of Nepal Bidhya Devi Bhandari, Indian Prime Minister Narendra Modi, Bhutanese Prime Minister Lotay Tshering, and Sri Lankan Prime Minister Mahinda Rajapaksa will join the celebrations in person. He said that Bangladesh will have stronger relations with the external

11 Mar, 2021

Sri Lanka may get first batch of Sputnik V vaccine as a gift

Sri Lanka may get the first batch of the Sputnik V vaccine from Russia as a gift, a Government official said. Senior Advisor to the President, Lalith Weeratunga said that Russia’s Ambassador to Sri Lanka had spoken to him and discussed the possibility of obtaining the first batch of the Sputnik V vaccine as a gift. Weeratunga said that since Sputnik V has been approved by the National Medicinal National Medicines Regulatory Authority (NMRA) the first batch is expected to be secured soon. The

11 Mar, 2021