Sri Lanka, March 20 -- Sri Lanka has met all 16 key criteria set by the International Monetary Fund (IMF) on good governance and has been able to gain about US$ 70 million which is a historic situation, Labour Minister and Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando told Parliament yesterday (19).South Asians & Diaspora

Opening the debate on the approval of regulations under the Colombo Port City Economic Commission Act, the Minister said that the Government is working on formulating laws for investment promotion. He said that the Investment Protection Act will be presented to Parliament by the end of this year.

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