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Tag: Mangala Samaraweera

Government to check cost overruns in mega projects
Business Main Story

Government to check cost overruns in mega projects

14/06/20182 min read

By Chathuri Dissanayake The Government has decided to set up a special Cost Estimate Review Committee, in a bid to avoid cost overruns and discrepancies

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New regulations for microfinance: Mangala
Business Main Story

New regulations for microfinance: Mangala

08/06/201808/06/20184 min read

New regulations to be published on 22 June Govt. to absorb interest of microfinance loans below Rs. 150, 000 as relief measure  Minister slams errant microfinance companies,

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Minister Mangala Samaraweera appointed as Vice Chairman of UNP
LOCAL

Minister Mangala Samaraweera appointed as Vice Chairman of UNP

06/06/20181 min read

Minister of Finance and Mass Media Mangala Samaraweera has been appointed as the Vice Chairman of the United National party, effective 26 April 2018. Minister

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

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

28/05/20182 min read

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 of record $ 2.5 billion

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Sri Lanka’s Finance Minister plans to reduce VAT to 12.5% by 2020
Business

Sri Lanka’s Finance Minister plans to reduce VAT to 12.5% by 2020

25/05/20185 min read

Sri Lanka’s Minister of Finance and Mass Media, Mangala Samaraweera says that he expects to reduce the 15% Value-Added Tax (VAT) rate to 12.5% by

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Sri Lanka’s Finance Minister invites former president for a debate on debt burden
LOCAL

Sri Lanka’s Finance Minister invites former president for a debate on debt burden

23/05/20182 min read

Sri Lanka’s Finance Minister Mangala Samaraweera yesterday extended an invitation to former president Mahinda Rajapaksa to a television debate on the country’s debt burden. The

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Milestone marks from Mangala
Business Main Story

Milestone marks from Mangala

23/05/20185 min read

After completing year as Finance Minister insists sound macroeconomic fundamentals exist for stronger growth  Higher tax revenue, investments, FDIs, export earnings, lower debt and poverty highlighted as wins 

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Sri Lanka’s debt crisis will worsen next year, Finance Minister warns
Business Main Story

Sri Lanka’s debt crisis will worsen next year, Finance Minister warns

21/05/20184 min read

Sri Lanka’s Finance Minister Mangala Samaraweera said after Independence in 1948, the highest amount of foreign debt has to be paid in 2018 and 63

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Shouldn’t forget Maithri’s commitment – Mangala
LOCAL Main Story

Shouldn’t forget Maithri’s commitment – Mangala

16/05/20181 min read

Finance Minister Mangala Samaraweera says that no one should forget the commitments made by President Maithripala Sirisena risking his life by becoming the common presidential

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New heads appointed to Sri Lanka’s state media
LOCAL

New heads appointed to Sri Lanka’s state media

15/05/20181 min read

The Minister of Finance and Mass Media Mangala Samaraweera has appointed new heads to lead the state media institutions effective from Monday (14). Renowned film

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