Sri Lanka will procees with a Rs. 500 billion supplementary estimate
Sri Lanka will proceed with a Rs. 500 billion supplementary estimate for post-Cyclone Ditwah recovery without increasing public debt or breaching borrowing limits,
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Legal Dispute Over NITF Reinsurance Tender Raises Concerns in Sri Lanka
Strategic Insurance Brokers (SIB) has formally urged President and Minister of Finance, Anura Kumara Dissanayake, to reconsider the Cabinet’s decision regarding the National Insurance Trust Fund (NITF) tender for reinsurance coverage related to strikes, riots, civil commotion, and terrorism. Their request follows concerns over procedural and legal irregularities in the awarding of the tender.
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