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Category: Local News

IMF waits on VAT

An International Monetary Fund (IMG) mission winding up their review of the Sri Lankan economy yesterday warned a second tranche of the $ 1.5 billion Extended Fund Facility (EFF) would be dependent on the implementation of the proposed VAT hike.













President attends Clinton Global Initiative meeting

President Maithripala Sirisena attended the Open Plenary of the Bill Clinton Foundation’s Clinton Global Initiative (CGI) meeting, in which the Plenary Session of the Partnering for Global Prosperity was held yesterday (Sept. 19) at the Sheraton Hotel in New York.