Finance Minister leaves for Peru to attend IMF annual meeting

Minister of Finance Ravi Karunanayake left the Island to attend the 2015 Annual Meetings of the World Bank Group and the International Monetary Fund which will take place in Lima, Peru, from October 9-11. MORE...

October 5, 2015  04:53 pm|

Place your money in Sri Lanka - Ravi

Sri Lanka’s Finance Minister Ravi Karunanayake has invited Sri Lankans and Indians who had to take back their deposits from banks in Switzerland to place their funds in Sri Lanka. MORE...

October 5, 2015  08:18 am|

Government to make several SOEs self financed: Ravi

The new government’s plan to restructure the loss making State Owned Enterprises (SOEs) to be self financed without depending on the General treasury will be a reality soon, Finance Minister Ravi Karunanayake said. MORE...

August 11, 2015  01:20 pm|

Bloemendal shooting: Another succumbs to injuries

Another person injured during the shooting incident at Bloemendal Road last Friday has succumbed to his injuries. The injured person was receiving treatment at the National hospital at the time of his demise. MORE...

August 3, 2015  10:03 am|

Fuel price reduction if world oil prices drop: Ravi

The government will consider a further reduction in the fuel price if oil prices in the world drop, Finance Minister Ravi Karunanayake said. “We won’t do this as an election bribe. When the gas prices dropped in the world market we reduced the price accordingly,” he added. MORE...

July 18, 2015  12:22 pm|

Lanka for India’s inclusion in regional cooperation with China

Sri Lanka has backed China’s surprise initiative to make India an important component of a regional cooperation to address New Delhi’s concerns over Chinese involvement in large-scale projects in the country, a senior Sri Lankan minister has said. MORE...

March 29, 2015  10:23 pm|