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Amendment to Temporarily Suspend Parate Law Approved
In a recent session, the Committee on Public Finance (CoPF) granted approval for the amendment of the Recovery of Loans by Banks (Special Provisions) (Amendment) Bill. The amendment aims to introduce legal provisions for the suspension of the Parate Law until December 15, 2024, signaling a temporary reprieve for borrowers facing property acquisition by banks…
20 hours ago144Views
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Controversy Erupts at Colombo Airport Over Visa Issuance by Indian Company
Chaos engulfed the Bandaranaike International Airport (BIA) last night in the wake of a contentious transition of the on-arrival visa issuance process to an Indian company. The move, which saw the Indian firm assuming control of the visa issuance process, drew ire from travelers and officials alike. For years, the Immigration and Emigration Department had…
22 hours ago54Views
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Justice Minister Wijeyadasa Rajapakshe Nominated as SLFP Candidate for Presidential Elections
Following his nomination as the Sri Lanka Freedom Party (SLFP) candidate for the upcoming Presidential elections by former President Maithripala Sirisena, Justice Minister Wijeyadasa Rajapakshe unveiled plans for a comprehensive program aimed at revitalizing the nation. The announcement came during the SLFP May Day rally at the Gampaha Municipal Council grounds, led by former President…
1 day ago137Views
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Finance Minister Ali Sabry meets IMF officials

Minister of Finance PC Ali Sabry and Governor of the Central Bank of Sri Lanka (CBSL) Nandalal Weerasinghe has met with IMF officials on Wednesday (20) to further discuss Sri Lanka’s Financial Situation. Coming to Twitter, the First Deputy Managing Director of the IMF Geeta Gopinath said that she had met the duo on Thursday to discuss the challenges faced by Sri Lanka.

Categories: Economy Latest News Sri lanka News
Tags: Ali SabryIMFnandalal weerasinghe
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