Asia Sri Lanka The new Electricity Act has received the approval of the Speaker of Parliament and is therefore in force: it provides for the establishment of the National Electricity Advisory Council and the appointment of the Sri Lanka Utilities Commission
Asia Sri Lanka Sri Lanka has decided to apply for membership of the BRICS and the New Development Bank; Foreign Minister says neither he nor the new president will be able to attend the October summit in Russia for the upcoming parliamentary elections of 14 November
Asia Sri Lanka The second Resilience, Stability, and Economic Turnaround development policy operation has been signed with the World Bank for $200 million, the second operation in a two-part series that began in 2022
Asia Sri Lanka Anura Kumara Dissanayake, who won Sunday's elections in Sri Lanka, is 55 years old and is the most left-wing president in the country's history; he is the leader of the Janatha Vimukthi Peramuna, a party still described as Marxist-Leninist
Asia Sri Lanka All vehicle import restrictions will be lifted by February 2025, following significant improvement in foreign exchange reserves and the strength of the rupee