The Ceylon Chamber of Commerce o welcomed the moves to liberalise the petroleum sector but stressed the Government should also pursue reconciliation and economic reforms with equal vigour.

The Government has been urged to effectively communicate the reforms intended to address via the International Monetary Fund (IMF) Extended Fund Facility for the broader population without limiting it to the English-speaking elite crowd in Colombo.

The United States is supporting Sri Lanka’s economic recovery, the US Ambassador to Sri Lanka, Julie Chung said.

The Asian Development Bank (ADB) Deputy Country Director Utsav Kumar this week outlined five areas Sri Lanka must focus on to succeed in the US$3 billion Extended Fund Facility (EFF) extended by the IMF, adding the country has a long road to recovery.

The European Union together with its implementing partner World Vision has launched a socio-economic recovery project in Sri Lanka.

The European Union together with its implementing partner World Vision has launched a socio-economic recovery project in Sri Lanka.

Power & Energy Minister Kanchana Wijesekera says the Cabinet-approved three foreign oil companies are expected to commence their fuel distribution operations in Sri Lanka during the next two months.

World Bank has affirmed its continued support to help the country navigate economic challenges, implement critical reforms, and chart a path towards a resilient and inclusive recovery.

Value added services of the telecommunication sub-sector recorded a moderate growth of 8.3percent in the first half of 2022 amidst an increase in foreign currency related cost components in this industry.