Sri Lanka will introduce a new national tariff policy by mid-2026, replacing what officials describe as a decades-old patchwork of protectionist and unpredictable import taxes. Trade Ministry Secretary K.A. Vimalenthirarajah,
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Sri Lanka has received firm assurances of support from international development partners following the devastation caused by Cyclone Ditwah, the Finance Ministry announced yesterday.
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Sri Lanka has secured a €8 million grant from the European Union (EU) to advance sustainable rubber cultivation under the new ‘Agri-Green Initiatives for Green Economic Growth’ project.
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The United Nations has begun a Joint Rapid Needs Assessment in partnership with Sri Lanka’s Disaster Management Centre (DMC) to gauge the full impact of Cyclone Ditwah and guide targeted relief efforts.
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Transparency International Sri Lanka (TISL) yesterday urged the Government to ensure strict transparency and accountability in the handling of public funds allocated for Cyclone Ditwah relief,
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Sri Lanka has received fresh support from the World Bank and the United Nations Office on Drugs and Crime to recover assets believed to have been illegally transferred to foreign jurisdictions.
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Sri Lanka has received firm assurances of support from international development partners following the devastation caused by Cyclone Ditwah, the Finance Ministry announced yesterday.
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Officials warn that the devastation wrought by Cyclone Ditwah may inflict Rs. 210–320 billion in economic damages, striking at the heart of key sectors such as agriculture, fisheries, transport, utilities, and supply networks.
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The Asian Development Bank has approved a US$100 million policy loan and a US$2.5 million technical assistance grant to support urgent reforms in Sri Lanka’s power sector,
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Crisis-hit Sri Lanka risks crippling economic losses after recent cyclone and flood disasters.
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