Public investment increased by 80 billion rupees in 2012

Saturday, 19 January 2013 - 12:36

Public+investment+increased+by+80+billion+rupees+in+2012+++

The total public investment during the first 8 months of 2012, increased by 80 billion rupees, when compared with the corresponding period, in 2011.

It was 248 billion rupees during the first eight months of 2011 and increased to 328 billion rupees during the same period last year.

The government is committed to maintaining public investment at around six to seven percent of the GDP in the medium term to further improve infrastructure facilities, complement the accelerated economic growth of over eight percent in the medium term and maintain social standards.

 



Central Bank approved more than Rs. 60 billion working capital loans to COVID-19 affected businesses
Friday, 10 July 2020 - 23:10

The Central Bank of Sri Lanka (CBSL) approved 22,306 loans amounting to Rs. 60,250 million under the Saubagya COVID-19 renaissance facility as of 10th... Read More

Foreign reserves increase to US $ 6.7 billion
Friday, 10 July 2020 - 9:06

The Central Bank states that the country's foreign reserves have recovered in June.Foreign reserves rose to $ 6.7 billion in June from $ 6.49 billion in... Read More

Central Bank clarifies about concessions
Friday, 10 July 2020 - 7:25

The Central Bank of Sri Lanka states that the interest rate reduction has not been given to the borrowers by commercial banks.This was stated by the... Read More