In the face of rapidly deteriorating economic difficulties
worsened by the global economic meltdown, Sri Lanka is finding it
difficult to raise funds required for ambitious project to boost the
capacity of the Sapugaskanda oil refinery.
Well informed sources said yesterday that this transpired at a recent
meeting attended by senior Treasury representatives and members of the
Iranian embassy. The sources said that Sri Lankan officials had briefed
the meeting chaired by an influential MP that Sri Lanka was finding it
difficult to raise her component of the funding.
Disabled service personnel showing their prowess at
the annual Army Differently-abled Sports Festival at the Army grounds
in Colombo last Saturday.
(Pic by Nishan S. Priyantha)
Basil too in IMF talks with
Cabraal
Given
the Easter holidays (applicable in Washington) and the Sinhala and Tamil
New Year here, the deal between the Sri Lanka government and the IMF now
under negotiation is not expected to be finalized before the end...
President slams TNA on its
plight of civilians letter
The President’s Office yesterday described the call by the
TNA to halt armed operations by the security forces as "singularly
unfortunate" saying this results in manipulating the plight of civilians
held in the final sliver of...
Jayasekara set to take over as SLC CEO
Bayliss and Farbrace to get extension
