by Shamindra Ferdinando Some declarations made by various parliamentary committees about public finance often didn’t represent the actual situation, says State Finance Minister Ranjith Siyambalapitiya. Siyambalapitiya said so when The Island sought his response to criticism against the Finance Ministry and three revenue collection authorities namely the Inland Revenue, Customs and Excise departmen...

Secretary to the Treasury and Finance Ministry Mahinda Siriwardana has said that even if Sri Lanka achieves the goal of zero corruption, tax revenue will still have to be increased to bridge the budget deficit and lessen the country’s debt burden. Referring to the Supreme Court ruling pertaining to economic management delivered on Nov 14, […]

Over 300 oil and gas cargo vessels have visited the Hambantota international Port (HIP) in 2023, recording a 132 percent increase in vessel calls compared to 2022, Hambantota International Port Group (HIPG) said in a press release on Wednesday (31). A key reason for this is the port’s bunkering partner Sinopec actively operating in the […]

Thursday 1st February, 2024 Dr. Laksiri Fernando has, in his column published on the opposite page today, reminded us that the Voters’ Day of Sri Lanka falls on 01 Feb. The Election Commission (EC) conducts special programmes on this day to educate voters on matters such as the basic qualifications required for registration, and the […]