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A significant portion of Sri Lanka's external debt had been owed to international sovereign bonds (ISBs) accounts, and between 2010 and 2021, the ISB portion of Sri Lanka’s external debt stock had tripled, and went up from 12 percent to 36 percent, and had grown to become 70 percent of the government’s annual interest payments, which cuts ...
The Sri Lanka Railway Department (more commonly known as Sri Lanka Railways (SLR)) (Sinhala: ශ්රී ලංකා දුම්රිය සේවය Śrī Laṃkā Dumriya Sēvaya; Tamil: இலங்கை புகையிரத சேவை Ilankai Pugaiyiradha Sēvai) is Sri Lanka's railway owner and primary operator.
The Central Bank of Sri Lanka raised interest rates in August 2021, and Sri Lanka became the first nation in Asia to tighten the monetary policy during the pandemic era. [ 20 ] [ 21 ] On 27 August 2021, the government extended the lockdown to 6 September 2021 as the daily death toll surpassed 200 for the first time since the pandemic began.
The Moragahakanda Dam (Sinhala: මොරගහකන්ද ව්යාපෘතිය), officially Kulasinghe Reservoir, [1] is a large gravity dam, and the main component of the larger and more complex Moragahakanda — Kalu Ganga Project, across the Amban River at Elahera, in the Matale District of Sri Lanka.
The teams representing the administrative divisions of Bangladesh, including Barisal, were put up for auction at the Radisson Hotel in Dhaka on 10 January 2012. Barisal Burners were bought by ALIF SSL Sports Holdings Ltd (a concern of the ALIF Group) for a price of US$1.01 million, which was the lowest price paid at the auction. [5]
On August 20, 2024, Sri Lanka's Postal Department issued the world's longest stamp, measuring 205 millimetres (8.1 in), [10] to commemorate the Kandy Esala Perahera festival in Kandy. The stamp has a value of Rs. 500.
Sri Lanka Insurance Corporation Limited, also known as Sri Lanka Insurance is the largest and strongest composite insurance provider in Sri Lanka. It is the first and only insurance company in Sri Lanka to be assigned a prime AAA− rating for Insurance Financial Strength from the US rating agency Fitch Ratings New York City.
Federal Government — After committing and distributing to international aid an initial A$10 million pledge (US$7.7 million), the government of Australia announced on 29 and 31 December that two additional disbursements of A$25 million (US$18.1 million) each would be committed: [74] A$10 million to aid organizations, A$10 million to Indonesia ...