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Sunday, 27 December 2009

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More ADB funds for North, East

The Sri Lankan economy recorded a 4.5% growth rate this year against 3.5% forecast by the IMF, Asian Development Bank said last week. Addressing the media ADB country director Richard Vokes said that the recovery of the global economy together with new opportunities in the post-war era Sri Lankan economy expects a 6% growth rate in the next year.

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CSE creates records

The Colombo Stock Exchange (CSE) marked new records in both indices All Share Price Index (ASPI) and Milanka Price Index (MPI) on December 21. The ASPI reached 3,219.87 up by 0.97% and MPI reached 3,6663.45 up by 0.91%. The days turnover topped Rs. 384.9 million.

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In support of placing IDPs in original dwellings:

World Bank approves US$ 77m package

The World Bank approved a US$77 million package for Sri Lanka, designed to support the return of 100,000 Internally Displaced Persons (IDPs) to their places of origin in the Northern Province and to restore their livelihoods destroyed by three decades of civil war.

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