Sri Lanka

MANILA — The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis…
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MANILA — The Asian Development Bank (ADB) has launched a new country partnership strategy (CPS) for Sri Lanka covering the period 2024–2028. The strategy will focus on restoring the country’s macroeconomic stability, reviving growth, and…
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Kathmandu: Today, H.E. Mr. M. U. M. Ali Sabry, PC, MP, Minister of Foreign Affairs of Sri Lanka, paid a courtesy call on Nepal PM Pushpa Kamal Dahal ‘Prachanda’ at his office in Singha Durbar. On the occasion, conversation was held on…
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With one eye on next year’s elections and the other on IMF’s financial package, Sri Lanka President Ranil Wickremesinghe is presenting the budget for 2024 for the island nation. The crisis hit nation had hoped for some popular changes in…
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WASHINGTON —The World Bank’s Board of Executive Directors today approved $150 million in financing for Sri Lanka to strengthen the resilience of the financial sector. “Sri Lanka’s economic crisis highlights the need for strong safety…
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The International Cricket Council (ICC) Board has suspended Sri Lanka Cricket’s membership of the ICC with immediate effect. Media reports mention that the ICC Board met on Friday and determined that Sri Lanka Cricket is in serious breach…
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In ICC Men's Cricket World Cup, New Zealand beat Sri Lanka by 5 wickets at M.Chinnaswamy Stadium in Bengaluru. New Zealand chased victory target of 172 runs in 23.2 overs. Earlier, Sri Lanka were all out for 171 in 46.4 overs. With this…
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Washington DC: After constructive discussions with the authorities in Colombo and during the Annual Meetings in Marrakech, IMF Senior Mission Chief for Sri Lanka Mr. Peter Breuer and Deputy Mission Chief Ms. Katsiaryna Svirydzenka issued…
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As Sri Lanka’s tourism industry moves towards revival, Indian tourist arrivals have reached a crucial milestone. In the first nine months this year, over 2 lakh Indian Tourists have reached Sri Lanka. This accounts for around 20 percent of…
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Smallholder farmers are important food producers globally. However, they often struggle to meet international standards on trade and related plant health requirements. Bridging the gap between smallholder farms and the global market is now…
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