DDR plan passed in Parliament

Date:

By: Isuru Parakrama

Colombo (LNW): The government’s proposed plan on domestic debt optimisation (DDO) has been passed in Parliament with a majority vote today (01).

Accordingly, the government’s DDO plan was passed in Parliament with a majority of 60 votes, with 112 votes in favour and 62 against.

The DDO plan proposed the granting of all necessary power to the Minister of Finance and Economic Stabilisation for the optimisation of domestic debt in Sri Lanka and was tabled in Parliament by Leader of the House, Minister Susil Premjayanth.

The DDO plan was passed with certain amendments.

Share post:

spot_imgspot_img

Popular

More like this
Related

From Megaphones to Motorcades: Can AKD Deliver the ‘New’ Sri Lanka?

By Faraz Shauketaly This morning taking a long, hard look...

Unified Brand, Rising Revenues, But Can Tourism Deliver?

Sri Lanka’s tourism sector is once again being presented...

Official Creditor Committee Clears SriLankan Airlines Debt Deal, Risks Remain

Sri Lanka has crossed another sensitive checkpoint in its...

GovPay’s Digital Gains Buffer Fiscal Strain after Cyclone

As Sri Lanka grapples with rising public expenditure following...