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Tag: loans

Sri Lanka government writes off loans given to women in drought-affected districts
LOCAL

Sri Lanka government writes off loans given to women in drought-affected districts

Sri Lanka’s Cabinet of Ministers today gave its approval to the government to write off the loans given by the…

byFaraz Shauketaly25/07/2018
Gotabaya defends former regime’s decision to obtain loans from China
LOCALMain Story

Gotabaya defends former regime’s decision to obtain loans from China

Former Defence Secretary Gotabaya Rajapaksa has defended the decision taken by the former Government to obtain loans from China. The…

byFaraz Shauketaly02/07/2018
Govt. goes for $ 1 b, 8-year syndicated loan from China Dev. Bank
LOCALMain Story

Govt. goes for $ 1 b, 8-year syndicated loan from China Dev. Bank

Officials cite effective rate of return at around 5.3% as good offer; loan includes 3-year grace period Fresh deal comes hot on heels…

byFaraz Shauketaly28/05/2018
Non-declaration of assets: Fine to be increased to Rs 100,000
BUSINESSMain Story

Non-declaration of assets: Fine to be increased to Rs 100,000

A minimum of Rs 100,000 fine has been proposed to the Declaration of Assets and Liabilities Act for Non declaration…

byFaraz Shauketaly21/03/2018
Auditor General says financial discipline was totally ruined during the past regime
BUSINESS

Auditor General says financial discipline was totally ruined during the past regime

The Auditor General H. S. Gamini Wijesinghe says that since the former Secretary to the Ministry of Finance during the…

byFaraz Shauketaly08/02/201808/02/2018
Economy stabilized amid many challenges – Sri Lanka PM
BUSINESS

Economy stabilized amid many challenges – Sri Lanka PM

Ranil Wickremesinghe says the current unity government has been able to repay loans and stabilize the economy amid many challenges.…

byFaraz Shauketaly22/01/2018
How can you say that the economy is stable? Nalin Hewage questions the PM
BUSINESS

How can you say that the economy is stable? Nalin Hewage questions the PM

Prime Minister Ranil Wickremesinghe went on with his usual talk while speaking in Deniyaya, saying Sri Lanka’s income is increasing.…

byFaraz Shauketaly06/11/2017

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