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NICD and the Co-operative Path of Education and Democracy

Srilanka, Feb. 17 -- Sri Lanka mired in a deep economic depression requires mammoth efforts to lift itself out of the crisis. The Government has many economic policy challenges, including immediate re... Read More


A reserve rich in biodiversity and history, is burning - EDITORIAL

Srilanka, Feb. 17 -- According to latest reports, the fire at the Ella Forest Reserve in the Uva province had been doused after two days. Around 600 or more acres of the reserve has been destroyed so ... Read More


Government employees' salaries to increase

Srilanka, Feb. 17 -- The government has announced a salary increase for government employees, with the basic salary being raised from Rs 24,250 to Rs 40,000. The salary hike will be implemented in th... Read More


Government to lease underutilized state-owned land to SMEs for productive economic activities

Srilanka, Feb. 17 -- The Government is proposing to lease underutilized state-owned land to SMEs for productive economic activities under the budget 2025. President Anura Kumara Dissanayake shared th... Read More


SriLankan Airlines allocated Rs. 20 billion

Srilanka, Feb. 17 -- The budget 2025 has allocated Rs. 20 billion for national carrier SriLankan Airlines, for the repayment of the principal and interest of its loan. President Anura Kumara Dissanay... Read More


Assistant Divisional Secretary dies of burn injuries

Srilanka, Feb. 17 -- The Assistant Dvisional Secreatary of Chavakachcheri Sathees Thamalini (35) died of serious burn injuries caused by a fire which broke out in her house. She was a resident of th... Read More


Government to establish a state Development Bank to support SMEs

Srilanka, Feb. 17 -- President Anura Kumara Dissanayake announced plans to establish a state-owned development Bank under 2025 budget proposals to support the country's small and medium-scale enterpri... Read More


Senior Citizens to receive higher FD interest rates

Srilanka, Feb. 17 -- The Budget 2025 allocates Rs. 15 billion for higher interest rates to senior citizens. President Anura Kumara Dissanayake in the budget speech said senior citizens will received ... Read More


2025 export target raised to US$ 19bn

Srilanka, Feb. 17 -- President Dissayanake, in his budget speech today announced that the government expects to achieve an export revenue of US$19 billion in 2025. The projection surpasses the target... Read More


SL expects 5% economic growth

Srilanka, Feb. 17 -- Sri Lanka is aiming for an economic growth of 5 percent in the medium terms President Anura Kumara Dissanayake said while presenting the Budget 2025. According to international a... Read More