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Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
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Stage set to launch Special GST
The Government is ready to introduce the Special Goods and Services Tax (SGST) in a major reform of the country’s taxation by enacting the new GST bill in parliament soon after its approval by the Cabinet of Ministers, a senior Treasur...
2021-07-11
Sunday Times
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Kerawalapitiya power plant: 40 percent of shares for US company
The Finance Ministry has signed a framework agreement with a United States-based company to sell 40 percent of shares of the Treasury-owned 300MW Kerawalapitiya Yugadhanavi Power Plant instead of  51 percent as originally proposed.
2021-07-11
Sunday Times
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SL gets US $ 150mn ADB loan for COVID-19 vaccine drive
The Asian Development Bank (ADB) and Government of Sri Lanka yesterday signed loan agreements for US $ 150 million under the Asia Pacific Vaccine Access Facility (APVAX) for the procurement of vaccines and other related consumables.
2021-07-10
Daily Mirror
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Sri Lanka starts process to turn undisclosed assets white with 1-pct tax
The move is to encourage people with undisclosed income and assets to invest them after paying a 1 percent ‘tax on voluntary disclosure.’
2021-07-06
economynext
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