Financial Analysis Task Force taking on terrorist financing,
money laundering
Government established the Financial Analysis
Task Force which outlined 40 recommendations covering counter
measures against money laundering, the criminal justice system, law
enforcement, the financial system and international co-operation,
Chief Executive Officer - Financial Intelligence Unit of the Central
Bank of Sri Lanka George Fernando said.
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Indo-Lanka trade balloons to US$ 2 billion
The two-way trade operating under the Indo-Sri
Lanka Free Trade Agreement has reached almost US$ 2.0 billion,
representing a staggering increase of nearly 80% in the bilateral
trade between India and Sri Lanka.
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Credit scheme launched to uplift tea industry
The Tea Development Project Revolving Fund
credit scheme was launched yesterday. Government has provided Rs.
1100 million for the credit scheme. The funds for the credit scheme
consisted of repayments made by the people who had taken loans from
the Tea Development Project funded by ADB.
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