The ‘Sri Lanka Electricity Bill’, which incorporates the proposed reforms for the electricity sector, was presented to the parliament by Power & Energy Minister Kanchana Wijesekera on Thursday (25).It was published in the government gazette on 17 April.

Sri Lanka’s Secretary Defence General Kamal Gunaratne has held bilateral talks with Russia’s Security Council Secretary Nikolai Patrushev in St. Petersburg.

The Government has unveiled a comprehensive national digital economy strategy for Sri Lanka titled “Digital Sri Lanka 2030” along with an implementation plan with a view of transforming the land nations outdated and archaic public administration, and financial management procedures.

Australia and Sri Lanka’s commitment to countering maritime security threats has been on display with the launch of a new joint maritime security operation in Colombo today.

The overall rate of inflation as measured by the National Consumer Price Index (NCPI) on Year-on-Year basis has been decreased to 2.5% in March 2024, compared to 5.1% in February 2024, the Department of Census and Statistics (DCS) revealed in its latest report.

Air Seychelles, the Republic of Seychelles’ national airline and Sri Lankan Airlines, the flag carrier of Sri Lanka, have announced a new code-sharing partnership, expanding the number of destinations accessible to customers from the paradise islands flying between Mahe and Colombo.

Sri Lanka has participated in the Global Sovereign Debt Roundtable (GSDR) in Washington DC, which brings together debtor countries and creditors, in a bid to build a greater common understanding among key stakeholders on debt sustainability, debt restructuring challenges and ways to address them.

Despite setbacks in private creditor debt restructuring, IMF says it is hopeful that a conclusion can be reached, soon.

The SOE Restructuring Unit (SRU) yesterday insisted that reforms involving State-owned enterprises are “non-negotiable” and efforts are underway to transform these entities for the better.