A French consulting firm for debt restructuring in Sri Lanka

Date:

A company has been selected to provide consultancy services for the restructuring of external debt in Sri Lanka and has been approved by the Cabinet, Cabinet Spokesman Bandula Gunawardena said.

Accordingly, the French company M/s Lazard has been selected and the government has agreed to pay them US $ 5.6 million for four quarters, the Minister said.

Share post:

spot_imgspot_img

Popular

More like this
Related

Aid Promised, Relief Delayed: MSMEs Wait for Government Action

Sri Lanka’s Micro, Small and Medium Enterprises (MSMEs), already...

Fuel, Power, and Influence: China’s Billion-Dollar Bet on Hambantota

Sri Lanka is moving closer to a decision that...

India’s Rail Support Revives Northern Sri Lanka Connectivity

India has once again underlined its role as a...

Tax Break on Used Cars Drains Revenue, Distorts Market

Sri Lanka’s longest-standing automotive industry association has intensified calls...