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Modi Congratulates Anura Kumara Dissanayake
Indian Prime Minister Narendra Modi, currently in the United States, congratulated Anura Kumara Dissanayake on X following his victory in the Sri Lankan presidential elections. Modi emphasized that Sri Lanka is integral to India’s Neighbourhood First Policy and Vision SAGAR, expressing eagerness to strengthen cooperation between the two countries for the benefit of their peoples…
Excise Tax Revenue Falls Short of Health Costs in Sri Lanka
Amaranath Thennakoon, Director of the Center for Drug and Alcohol Information, stated that people in Sri Lanka spend around 6 billion rupees daily on arrack and beer. He shared this information during a recent discussion with journalists at the Sarvodaya Institute in Kegalle. Dayarathna Bandara, reported this to Dinamina newspaper, highlighting the significant financial burden…
Two High-Level Visits to Sri Lanka This Week India and IMF
Sri Lanka is set to host two significant diplomatic engagements this week, marking the first high-level interactions with newly elected President Anura Kumara Dissanayake. Indian External Affairs Minister, S. Jaishankar, will visit Colombo for the first high-level engagement between India and Sri Lanka following President Dissanayake’s election. This visit is crucial for reaffirming India’s commitment…
Second Phase of “Aswesuma” Welfare Benefit Program to Collect Data from July 15
The second phase of the “Aswesuma” welfare benefit program will begin data collection from July 15 to 30, as announced by the Welfare Benefits Board. Following the successful qualification of over 1.8 million individuals in the first phase, an additional 450,924 applications have been received for the second phase. The identification process to determine eligible…
Sri Lanka Gains International Support with Successful Debt Restructuring, Secures LKR 30 Billion from OPEC Fund for Mahaweli Water Security Investment Project
In a significant boost reflecting the international confidence in Sri Lanka’s economic reforms, the OPEC Fund has agreed to provide financial assistance of LKR 30 billion (USD 100 million) for the Mahaweli Water Security Investment Project. This support highlights the benefits of Sri Lanka’s successful debt restructuring efforts. State Minister of Finance Shehan Semasinghe announced…
Sri Lanka Objects to India’s Proposal to Explore Cobalt Deposits in the Indian Ocean
Chethana Gomis Sri Lanka has objected to India’s proposal to explore cobalt deposits in the Indian Ocean. Thus, our country had objected to India’s recent proposal to obtain the necessary right to explore a cobalt deposit that may belong to the jurisdiction of Sri Lanka. Colombo argues that the area India wants to explore for…