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Tag: Mangala Samaraweera

Government to check cost overruns in mega projects
BUSINESSMain Story

Government to check cost overruns in mega projects

By Chathuri Dissanayake The Government has decided to set up a special Cost Estimate Review Committee, in a bid to…

byFaraz Shauketaly14/06/2018
New regulations for microfinance: Mangala
BUSINESSMain Story

New regulations for microfinance: Mangala

New regulations to be published on 22 June Govt. to absorb interest of microfinance loans below Rs. 150, 000 as relief…

byFaraz Shauketaly08/06/201808/06/2018
Minister Mangala Samaraweera appointed as Vice Chairman of UNP
LOCAL

Minister Mangala Samaraweera appointed as Vice Chairman of UNP

Minister of Finance and Mass Media Mangala Samaraweera has been appointed as the Vice Chairman of the United National party,…

byFaraz Shauketaly06/06/2018
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
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

Sri Lanka’s Minister of Finance and Mass Media, Mangala Samaraweera says that he expects to reduce the 15% Value-Added Tax…

byFaraz Shauketaly25/05/2018
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

Sri Lanka’s Finance Minister Mangala Samaraweera yesterday extended an invitation to former president Mahinda Rajapaksa to a television debate on…

byFaraz Shauketaly23/05/2018
Milestone marks from Mangala
BUSINESSMain Story

Milestone marks from Mangala

After completing year as Finance Minister insists sound macroeconomic fundamentals exist for stronger growth  Higher tax revenue, investments, FDIs, export earnings, lower…

byFaraz Shauketaly23/05/2018
Sri Lanka’s debt crisis will worsen next year, Finance Minister warns
BUSINESSMain Story

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

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

byFaraz Shauketaly21/05/2018
Shouldn’t forget Maithri’s commitment – Mangala
LOCALMain Story

Shouldn’t forget Maithri’s commitment – Mangala

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

byFaraz Shauketaly16/05/2018
New heads appointed to Sri Lanka’s state media
LOCAL

New heads appointed to Sri Lanka’s state media

The Minister of Finance and Mass Media Mangala Samaraweera has appointed new heads to lead the state media institutions effective…

byFaraz Shauketaly15/05/2018

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