Mangala leads lankan delegation to adb manila confab
Finance and Mass Media Minister Mangala Samaraweera will lead the Sri Lankan delegation at the 51st Asian Development Bank (ADB) Board of Governors’ Annual Meeting 2018 at the ADB Headquarters in Mandaluyong City in Manila. Minister Samaraweera, who is also the ADB Governor for Sri Lanka, will address…
Sri Lanka targets USD2.5Bn in FDI in 2018, USD 5Bn by 2020:Fin Min
Sri Lanka’s government is looking at attracting up to US 2.5 billion dollars in Foreign Direct Investments (FDI) in 2018, and to double it to US 5 billion by 2020, a statement said. In 2017 the the highest FDI inflows came from China, followed by Hong Kong, India and…
Lanka’s forex reserve increases to US$ 7.9 bn in February
Sri Lanka’s forex reserve assets increased to US$ 7.9 billion in February 2018, above the average four month import bill value of US$ 7.4 million Meanwhile during the period the CBSL has offered and accepted SLDBs 50% lower than its maturity.The delay in issuance of much anticipated US$…
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