Inflation rate declines in February
THE Monetary Board has decided to maintain the
policy interest rates of the Central Bank at their current levels
and to continue with the conduct of open market operations to
decelerate the monetary expansion to the desired path having
reviewed the recent economic developments and prospects the Central
Bank said yesterday.
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State banks to provide incentives to paddy farmers
THE Ministry of State Banks Development has
launched a special programme in collaboration with State Banks to
facilitate the production and expansion of rice based food products.
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Ramada group to invest in hotel projects here
The sound economic and political investment
climate in Sri Lanka has prompted one of world's leading hotel
chains Ramada to invest in Sri Lanka.
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