Tag: Ravi k
Sri Lanka to reduce fuel price if world oil prices drop: Ravi K
July 17, 2015 (LBO) – Sri Lanka’s government will consider a further reduction in the fuel price if oil prices in the world drop, the Finance Minister said. “If the world oil prices drop then we will also reduce the fuel prices in the country but the prices have not dropped yet,” Ravi Karunanayake, Finance […]
Golden Key depositors to be paid July 24th: Ravi K
July 16, 2015 (LBO) – Sri Lanka’s Finance Minister, Ravi Karunanayake said that all the Golden Key depositors will be paid on 24th of July 2015.“We are paying the Golden Key depositors on 24th,” the Minister told reporters in Colombo, Thursday.“The exact amount to be paid has not yet been decided yet,” The Golden Key […]
Ravi challenges MR again, asks for debate
June 18, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake challenged former Finance Minister and President Mahinda Rajapakse again to come for a debate on the national economy and financial policies.“I challenged former President Mahinda Rajapakse to debate to talk about the economy and what they did to the country at a public forum […]
Ravi K justifies Insurance corporation MD’s appointment
June 17, 2015 (LBO) – Sri Lanka Finance Minister Ravi Karunanayake, justifying the appointment of T.M.R. Bangsa Jayah brother-in-law of the Minister says that it’s better to appoint a go getter rather than an inefficient professional.Jayah was appointed as the Managing Director (MD) of Sri Lanka Insurance Corporation after the new administration took over on […]
Sri Lanka’s Finance Minister ready to debate with former Finance Minister, Rajapaksa
June 3, 2015 (LBO) – Sri Lanka new administration’s Finance Minister Ravi Karunanayake said that he is ready to participate in a public debate on the country’s current economic situation. Issuing a Statement Tuesday (02), Karunanayake said that it is better if former President Mahinda Rajapaksa can participate for the debate since he was the […]
‘s foreign reserves moving towards USD 9 bn: Ravi Karunanayake
May 29, 2015 (LBO) – Sri Lanka’s government plans to increase the Island’s foreign reserves to 9 billion US dollars, Finance Minister Ravi Karunanayake said. Sri Lanka’s foreign reserves would be close to 8.3 billion US dollars after proceeds from a 988 million dollar sovereign bond and development bond injection to the economy. “That is […]
Sri Lanka to have “open sky” policy to boost tourist arrivals : Ravi K
May 25, 2015 (LBO) – Sri Lanka’s new rulers say that the Indian Ocean Island will open skies as a way forward policy to improve tourist arrivals.“We’re going to have an open skies policy that will help tourism and also help grow the business to other countries,” Ravi Karunanayake, Minister of Finance said, at a […]
Sri Lanka needs to export, export and export: Ravi K
May 20, 2015 (LBO) – Sri Lanka’s new rulers said that the country needs to focus on exporting more products and services as the government’s strategy is to develop the local export market to be able to compate in the international areana. “Our thrust is to ensure that we have exports, exports and more exports,” […]