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Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
Featured Insight
Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
Featured Insight
Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
Featured Insight
Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
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Hopeful of Sri Lanka ISB restructuring deal despite ‘some setbacks’: IMF Official
Krishna Srinivasan, Director of the Asia and Pacific Department at the International Monetary Fund, has expressed optimism regarding the prospect of a deal with Sri Lanka’s sovereign bond holders, despite encountering "some setbac...
2024-04-19
Economy Next
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Govt. to provide Kerosene subsidy to low-income families
Power and Energy Minister Kanchana Wijesekera said that the Government will take steps to provide a Kerosene subsidy for low-income families and people engaged in fisheries and plantations sectors. “This subsidy applies to low-income families dependent on Kerosene, as well as to p...
2022-08-23
Daily News
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No change in fuel prices despite drop in global crude oil prices
Despite the fact that the price of a barrel of crude oil has dropped significantly in the global market, no fuel price revision will come into effect for the second quarter of this month.
2022-08-17
Daily Mirror
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PMB allocates Rs. 2000 Mn to purchase paddy this season
Agriculture Minister Mahinda Amaraweera presented a Cabinet paper to the Cabinet yesterday (16) to provide a higher price for paddy to the paddy farmers. The Minister announced that on the advice of the Sub-Committee appointed by the Cabinet...
2022-08-17
Daily News
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January-July remittance income plummets 50%
July remittance income at US$ 279.5 mn. slightly up from June, but down from US$ 453.3 mn a year ago. Cumulative figure for the seven-month period down 50% YoY to US$ 1.8bn.
2022-08-15
Daily Mirror
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