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Top US Treasury official to visit Sri Lanka. Jun 29 (AD) US Dept of the Treasury’s Deputy Assistant Secretary for Asia Robert Kaproth is scheduled to visit SL next week. He is scheduled to meet govt officials, think tanks, and financial sector leaders in SL during the visit.
Navy sailor’s death: Sri Lanka registers protest but tones it down Jun 29 (DM) Sri Lanka registered its concerns with India on the death of a navy sailor in his attempt to seize an Indian fishing boat poaching in SL waters, an informed source said.
Inflation eases to 61% in November. Dec 1 (EN) Sri Lanka’s 12-month inflation in the capital Colombo fell to 61% in November 2022 from 66% in October as price stabilized after interest rates were allowed to go up and the exchange rate was pegged around 360 to the US dollar.
Jun 26 (DM) Sri Lanka is likely to secure a grace period to settle its debts to bilateral creditors - India and China and the Paris Club of Nations - when signing the restructuring agreements with them today, an informed source said.
Jun 28 (DM) Sri Lanka is expected to achieve a total capacity of 1,251 MW from solar power generation by the end of this year, Power and Energy Minister Kanchana Wijesekera said.
Jun 23 (ST) Sri Lanka is to declare end to bankruptcy next week following an agreement reached with bilateral creditors and private bond holders on external debt restructuring at the end of second round of talks with them, highly informed official sources confirmed.
Sri Lanka inflation rises to 6% in August 2021. Sep 1 (EN) SL’s inflation in the capital Colombo had risen to 6% in Aug 2021, from 5.7% in July with prices rising 0.3% in the month, data from the state statistics office shows.
InfoLanka News Room: News Reports about Sri Lanka, updated regularly. | SL Explorer | Classifieds | Miyuru Gee | Chat Room | Malini's Kitchen | jokes | SL Time:
Nov 1 (TM) A great and necessary leap forward: This is what the Government of Sri Lanka led by Prez Gotabaya Rajapaksa has sought to do through its overambitious, ill-conceived, and even poorly executed “100% organic agriculture with immediate effect” fiasco.
Aug 2 (FT) Sri Lanka Railway’s (SLR) losses have crossed the Rs. 10 billion mark in 2020, reflecting a worsening financial position, partly aggravated by lower revenue due to COVID-induced travel restrictions apart from longstanding efficiency issues.
