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Sunday, 26 July 2009

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IMF loan will build confidence in the economy and improve reserves

The IMF credit facility will build confidence in the economy, improve the reserve position of the country that declined to an alarming level, build investor confidence, stabilize the rupee and bring down the interest rates, economic analysts said.

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SLTDA calls for bids by year end

The government will call for bids by the end of the year from local and international investors for the four bln dollar Kalpitiya Integrated Tourism Development Project said Chairman Sri Lanka Tourism Development Authority (SLTDA) Bernard Goonetilleke.

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Opening A-9 Highway will speed up economic growth - Basil Rajapaksa

The A-9 highway which was closed for over a decade due to security reasons was opened for public transportation this week under the supervision of security personnel. The A-9 Road that links the Jaffna peninsula to the rest of the country is a vital transportation route that enhances business activities and enriches the country’s economy.

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