Finance Ministry says DDO strategy will be made public within two days

Date:

By: Isuru Parakrama

Colombo (LNW): The government’s domestic debt optimisation (DDO) plan approved in Parliament yesterday (01) will be made public within the next two days, announced the Finance Ministry.

Secretary to the Finance Ministry Mahinda Siriwardena said the DDO strategy will be made public record on Monday (03) or Tuesday (04).

The DDO programme will also be submitted to the other parties including the Employees Provident Fund (EPF), the Ministry stated.

With the new DDO strategy being passed in Parliament, the President as the Minister of Finance and Economic Stabilisation will be vested in the power for the optimisation of domestic debt in Sri Lanka amidst the worst economic setback befallen the island nation since independence.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka Construction Boom Masks Deepening Cost Crisis

Sri Lanka Construction Boom Masks Deepening Cost Crisis

Repeated VAT Delay Signals Deeper Structural Tax Reform Struggles

Repeated VAT Delay Signals Deeper Structural Tax Reform Struggles

Global Shocks Erode Sri Lanka’s Hard won External Stability

Global Shocks Erode Sri Lanka’s Hard won External Stability

Government Moves to Reform Coal Procurement Amid Quality Concerns

Government Moves to Reform Coal Procurement Amid Quality Concerns