Sri Lanka debt tumbles as traders see rising political risk
A selloff in Sri Lanka dollar bonds intensified on Monday as investors reduced their country exposure over rising political uncertainties before elections later this month.
A selloff in Sri Lanka dollar bonds intensified on Monday as investors reduced their country exposure over rising political uncertainties before elections later this month.
The Inland Revenue Department has recorded a remarkable growth of the total tax revenue collected from January to August 2024 amounting to Rs. 1,229,245 million.
The Election Commission will reconsider issuing presidential election results to Media institutions that fail to adhere to the specified criteria, said its chairman R.M.A.L. Ratnayake.
President Ranil Wickremesinghe announced that the country will soon see the establishment of numerous new educational institutions, both public and private.
Professor Premachandra Athukorala of the Department of Economic Policy Science of the National University in Australia points out that it is necessary to continue working with the International Monetary Fund for the next three years.
The election of the Elpitiya Pradeshiya Sabha is scheduled to be held on October 26, according to the Returning Officer of the Galle District.
Sajith Premadasa, the presidential candidate of the Samagi Jana Balavegaya, has declared that a new era for the common people will begin after the 21st.
Sri Lanka Podujana Peramuna (SLPP) Presidential Candidate Parliamentarian Namal Rajapaksa asserted that the ‘Yahapalana’ government misused public funds to pursue legal action against him and his family based on false allegations.