Parts of Colombo to be without water for 18 hours

Cabinet approves MoU with Maldives on immigration

The Cabinet has approved a proposal to reach a Memorandum of Understanding (MoU) with the Maldives on immigration matters. In the course of bilateral relations between Sri Lanka and the Maldives it has been proposed to establish a Memorandum of Understanding on cooperation in immigration matters between the two countries. Accordingly the Cabinet of Ministers approved the proposal presented by the Minister of Public Security Tiran Alles to enter in to a Memorandum of Understanding to improve an

06 Dec, 2022

Kanchana insists revision of CEB tariffs a must

Power and Energy Minister Kanchana Wijesekera today insisted that the revision of electricity tariffs by the Ceylon Electricity Board (CEB) is a must. Wijesekera told Parliament that failure to revise the electricity tariffs could result in extended power cuts. He said that the proposals to revise the CEB electricity tariffs will be put forwarded to the Public Utilities Commission of Sri Lanka (PUCSL). The Minister said that the PUCSL cannot blindly reject the proposal. He accused the PUCSL

06 Dec, 2022

World Bank approves Sri Lanka?s access to concessional financing

The World Bank has approved Sri Lanka?s request to access concessional financing from the International Development Association (IDA). This type of financing, which is offered at low interest rates, will enable the country to implement its government-led reform program to stabilize the economy and protect the livelihood of millions of people facing poverty and hunger. The request is the result of Sri Lanka?s sustained deterioration in economic and social conditions, which have reduced income l

06 Dec, 2022