- Last Updated on 25 September 2015
Special Commodity Levy on imported Edible oil increased by Rs 20/kg to provide relief to local coconut industry. Earlier the Levy on Crude edible oil was Rs 90/kg and Rs 110/kg for refined oil. Edible oil is imported as a substitute for coconut oil in the country and in order to protect the local coconut oil industry, the minister of Finance Mr.Ravi Karunanayake issued directives to increase the Special commodity levy of imported edible oil by Rs 20 /kg for both the categories with effect from today.
- Last Updated on 23 September 2015
Mr. Jan Luykx the Ambassador of Belgium to Sri Lanka with resident in New Delhi paid a courtesy call on the Minister of Finance Mr. Ravi Karunanayake at his office today (23).
The Ambassador was accompanied by Mr. Stijin mols, Deputy Head of Mission, Mr Alexis Bossuyt, Minister Counsellor and Mrs Kathlijin Fruithof Trade and Investment Attaché.
ADB Provides loan assistance of USD 150 million for the Implementation of Mahaweli Water Security Investment Program (Tranche1)
- Last Updated on 18 September 2015
The Government is planning to transfer Mahawali Water to North western, North Central and Northern Provinces under the Mahaweli Water Security Investment Program with the aim of maximizing the productivity of Mahaweli River Basin water resources. The total investment cost of this program is around Rs 90 billion (USD 675 million) and the Government of Sri Lanka has entered in to two loan agreements to obtain financial assistance for tranche1 of the above program.
- Last Updated on 15 September 2015
Hon. Lakshman Yapa Abeywardana, the State Minister of Finance assumes duties at the Ministry of Finance on 15.09.2015. His Excellency the President, Maithreepala Sirisena and Hon. Ravi Karunanayake, Minister of Finance graced this occation.