The borrowing ceiling for 2021 will be raised to Rs3,397 billion rupees from 2,997 billion.
The World Bank has agreed to grant the loan, a cabinet release said.
The yield curve flattens and is rock steady ahead of currency crises as anchors conflict
The food price index grew 11.1 percent in the year to August
Previous tenors given
So if the plan is convincing, each one has a role to play in that plan
Rising domestic assets point to a corresponding fall in foreign assets
China's rankings had dropped to 85 from 78 before the data was manipulaed
What we are building is a kleptocracy which will then pollute and completely distort the political processes
New price subject to dollars given at 203 to the US dollar
RITES will also supply two AC diesel multiple units (DMU) to Sri Lanka Railways.
The real cost is more
Our idea is not to go for any commercial borrowing
However, such inflows are piecemeal and boost FX reserves only temporarily
There are so many inquiries and proposals are being put forward to raise money from green bonds
Recovers from a 16.4-pct fall last year
It also needs much more experienced person to manage the prevailing challenges
I think we would from now onwards take the lead in providing guidance to markets
A policy package in the form of a short-term Road Map soon
Not discussed in cabinet
Another US$49.5mn was bought amid a surrender requirement
We keep our fingers crossed and we are looking forward to receiving some investments also and foreign remittances'
The consultant will be chosen following "formal procurement methodology"
There is no doubt that Sri Lanka is facing a severe economic crisis
Weakened credibility of the peg fires several speculative frenzies
I will be concentrating on stability first and growth
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