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Maldives will use diplomacy to ensure there is no foreign military presence on its soil, its new president said on Friday, reaffirming his support for the departure of a small Indian force from... -November 17, 2023 at 08:31 am EST - MarketScreener
Sri Lanka's top court ruled on Tuesday that former President Gotabaya Rajapaksa and his brother, former Prime Minister Mahinda, were among several government officials whose conduct contributed to the country's worst economic crisis in decades. The court was ruling was on a petition filed against 13 former officials by rights group Transparency International Sri Lanka (TISL) which said the Rajapaksa brothers and others were responsible for the crisis.
COLOMBO (Reuters) -Sri Lanka's consumer price inflation rate eased to 0.8% year-on-year in September from 2.1% in August, the statistics department said on Monday. The National Consumer Price Index captures broader retail price inflation and is released with a lag of 21 days every month. Sri Lanka experienced record high inflation after its economy was pummelled by the worst financial crisis in decades.
Sri Lanka President Ranil Wickremesinghe will seek to boost tax revenue and rationalise spending in the government’s second full-year budget on Monday, targeting a return to growth for the... -November 09, 2023 at 04:38 am EST - MarketScreener
Sri Lanka's cabinet approved a hike in Value Added Tax up to 18% from the current 15% with effect from Jan. 1, 2024, said Transport Minister Bandula Gunawardana. State tax revenue of... -October 31, 2023 at 03:33 am EDT - MarketScreener