The Speaker of Parliament, Dr. Jagath Wickramaratne, officially endorsed the certificate on the Foreign Loans (Repeal) Bill today (May 23), marking its passage into law.
Following the Second Reading debate earlier in the day, the Bill was reviewed at the committee stage and subsequently passed without amendment and without a vote during the Third Reading, the Parliamentary Communications Department confirmed.
The legislation, which was first introduced to Parliament on May 8, 2025, has now been enacted as the Foreign Loans (Repeal) Act, No. 6 of 2025.
This development formalizes the repeal of prior foreign loan provisions and signifies a new phase in the government’s legislative approach to external financing.
