Finance Minister to present fresh Budget for 2022- Relief package mooted

The Government is looking at the possibility of providing a relief package to the people prior to the traditional Sinhala and Tamil New Year, Finance Minister Basil Rajapaksa told the All-Party Conference (APC) yesterday. He said that he was prepared to present a fresh Budget for the year as suggested during the APC with the approval of the Cabinet.

Daily News

2022-03-24

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IMF third tranche hinges on proposed PFM Act: Dr....

The proposed Public Financial Management (PFM) Act is crucial for securing the disbursement of the third tranche of the IMF's $3 billion bailout package.

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National consumer prices soften in March

Consumer prices in Sri Lanka, as measured by the National Consumer Price Index (NCPI), exhibited a softening trend in March. While the broader index showed a 2.5 percent increase from a year earlier, down from 5.1 percent in February, monthl...

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Iran President to open Sri Lanka $514mn irrigation...

Uma Oya, led by Iran's FARAB engineering, combines irrigation, hydropower, and water supply, benefiting Sri Lanka's Moneragala district. It boasts 120MW hydroelectric capacity, gen...

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