Sri Lankan central bank governor Nandalal Weerasinghe told media on Sunday that the country s Âdollar crisis is over, as the International Monetary Fund (IMF) is set to approve a 2.9 billion U.S. dollar bailout package for the country on Monday.
ECONOMYNEXT –The government debt has risen to 115.2 percent of gross domestic product by end 2022 from 104.5 percent a year earlier based on the latest national account estimates by the island’s statistics office. Sri Lanka’s central bank’s gross debt was about 4.66 percent of gross domestic product. The central bank has also spent special […]
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A new orchid species has been discovered by researchers in the Walankanda Forest Reserve and the discovery published recently in a peer-reviewed scientific journal, Dilmah Tea announced on Friday.The announcement said that the orchid was found in Dilmah’s Endana Nature Corridor, a landmark project aimed at linking two fragmented forest reserves running through an abandoned […]
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