Under the Budget Release Strategy of the Ministry of Finance, a maximum 60% of the total allocated budget can be released ...

The grievance has been simmering for years. The southern states developed rapidly as populations dropped, in contrast to the ...

The industry stakeholders are waiting in anticipation as there’s a question that is looming in everyone’s mind – Will Finance ...

Wipro has announced the expansion of its operations with a new IT centre at its Gopanapalli campus in Hyderabad's financial ...

Sri Lanka's John Keells Holdings largest shareholder, HWIC Asia Fund (HWIC), has exercised its option to convert 98,125,000 ...

Doha: The Ministry of Finance (MOF) announced yesterday that the State of Qatar s budget for the fourth quarter (Q4) of 2024 ...

ECONOMYNEXT – UNICEF is working with Sri Lanka to develop a climate-smart education system for the country, it said. “UNICEF ...

The ritual of the Halwa ceremony, marking the final stage of the budget preparation process for full Budget of 2025-26, is ...

The Halwa ceremony is also a way to acknowledge the hard work of all the finance ministry officials and heralds the process ...

The total expenditures in Q4 amounted to about $13.13bln, a 12% decrease compared to the same quarter of the previous year ...

With continuing deflation, the Central Bank of Sri Lanka (CBSL) yesterday reiterated its explanation over the deviation of inflation target. In January inflation was a negative 2% reinforcing the ...

The customary Halwa ceremony, marking the final stage of the budget preparation process, is set to be held in North Block on Friday evening.