Government Archives - Page 3 of 3

May 25, 2022

25th May 2022, Colombo: STF Corporate Advisory has successfully managed to source and secure US$ 15 Million dollar loan from Washington based United States International Development Finance Corporation (US DFC), America’s development finance institution and agency of the United States federal government, for Sri Lanka based Colombo Stock Exchange listed company […]

December 20, 2021

Fitch Ratings (Fitch), in a rather hasty move, downgraded Sri Lanka’s international sovereign rating on 17 December 2021, demonstrating its failure to recognise the positive developments taking place in Sri Lanka, in an environment in which the entire world is grappling with multiple waves of the COVID-19 pandemic. This action resembles the […]

September 13, 2021

By Dr. Hemakumara Nanayakkara Ever since April 2021, Sri Lanka’s agriculture and plantation sectors have been beset by needless difficulties as a result of an announcement, seemingly made on a whim, that Sri Lanka would switch to completely organic agriculture – effective immediately. In doing so, the Government has jarringly halted all progress […]

July 7, 2021

Rehabilitation of 47 tanks in Weli Oya of the Mahaweli L Zone has already started under the Prosperity of Irrigation – Varisaubahgya national program. The Government expects tospend nearly Rs.120 million on the project. Cultivation is done only during the Maha season in Weli Oya area and the ongoing rehabilitation of irrigation tanks […]

June 23, 2021

The Committee on Public Finance granted approval on June (21) to issue Rs. 1,000 billion Treasury Bills, under the Local Treasury Bills Ordinance which is scheduled to be presented to Parliament for approval by the Hon. Minister of Finance. The Committee on Public Finance chaired by Hon. Anura Pryarshana Yapa met (21) […]

June 17, 2021

State Minister, Nimal Lanza said that 20,903 proposals have been received to the State Ministry of Rural Roads and Other Infrastructure for the road development project program launched in 14,022 Grama Niladhari Divisions with an allocation of Rs. 2 million for each Grama Niladhari Division. A sum of Rs. 2 million will be provided to […]

US$ 15 million dollar loan from United States Government

The Government Strongly Disputes the Hurried Rating Action by Fitch Ratings

Government temporarily takes one step forward after many backward steps on agriculture

47 tanks in Mahaweli L Zone to be rehabilitated under ‘Prosperity of Irrigation’

Committee on Public Finance approves Rs. 1,000 billion Treasury Bills issue

20,903 proposals for the road development program which will provide Rs. 2 million to a Grama Niladhari Division