Colombo (Daily Mirror) - Sri Lanka’s net per capita debt has reached an alarming figure of Rs. 1.2 million as of December 31, 2022, according to the annual report of the Auditor General marking a staggering increase from Rs. 264,811 recorded on December 31, 2012.

The government will enact a credit regulation authority act in parliament to regulate the moneylending business and the microfinance business and to provide for matters connected therewith, including protection of customers of said businesses.

Sri Lanka and the European Union (EU) entered into a financing agreement to promote a circular economy and sustainable consumption and production in the food sector, finance ministry announced.

Sri Lanka's government announced a way forward budget for 2024 on Monday 13 signaling the fiscal policy consistency for the first time with economic benefits trickling down from the top to the bottom, former Finance Minister Ravi Karunanayake defined. .

The Food and Agriculture Organization of the United Nations (FAO) together with the Department of Agriculture and the Mahaweli Authority of Sri Lanka, with funding from the European Union (EU), has launched a Farmer Field Schools Program.

A discussion has been taken place at the Presidential Secretariat, chaired by Senior Advisor to the President on National Security and Chief of Presidential Staff Sagala Ratnayaka, with representatives from the Asian Development Bank (ADB).

FitsAir, Sri Lanka’s first privately owned international airline, today announced its partnership with Mastercard involving integration with the Mastercard Payment Gateway Services (MPGS) platform to strengthen its payment infrastructure.

The Ceylon Electricity Board (CEB) yesterday (19) stated that it would take a minimum of 14 days to repair the Unit 2 generator of the Lakvijaya Power Plant in Norochcholai, which broke down, resulting in the loss of 300 Megawatt (MW) of generation capacity to feed the national grid.