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Uthuru Vasanthaya:
Special credit scheme to develop North
President Mahinda Rajapaksa officially launched a
Special Development Credit Scheme titled ‘Awakening North’ which is
exclusively designed for the development of the Northern Province by
the Central Bank of Sri Lanka (CBSL) at a meeting at Temple Trees
yesterday with CEOs of Banking Institutions to discuss the
contribution of the banking sector in the Northern Province
development.
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GDP to rise with Moneragala rice
Moneragala district being the second largest
district with a strong agricultural base in the country will
increase the contribution to the country’s Gross Domestic Production
from 1.3 percent to two percent with the completion of planned
irrigation and development projects this year.
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Sri Lanka tells Non-Aligned Movement:
Reform of IFIs necessary
Foreign Minister Rohitha Bogollagama yesterday
told the Ministerial Meeting of the XV Non-Aligned Movement (NAM)
Summit held in Sham El-Sheik, Egypt that reforming International
Financial Institutions (IFIs) is necessary in order to render them
more effective in providing timely assistance to countries in need.
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Committee to probe LECO purchases
The Power and Energy Ministry has appointed a
five member Committee to look into alleged financial misdeeds of
Lanka Electricity Company Limited (LECO) in the purchase of lands
and vehicles for the company in the past few years.
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