Cabinet approves debt restructuring agreements, Minister confirms

Date:

June 25, Colombo (LNW): The Cabinet has granted approval for the signing of debt restructuring agreements with the relevant parties, Minister Bandula Gunawardena confirmed.

President Ranil Wickremesinghe briefed the Cabinet during its meeting on Monday evening.

The approval permits the relevant authorities to formalise agreements with bilateral creditors, Cabinet spokesman Minister Bandula Gunawardane told Daily Mirror

Following this, the President is expected to present the details of these agreements to Parliament.

Share post:

spot_imgspot_img

Popular

More like this
Related

New Port City Laws aim to Boost Oversight towards Economic Growth

By:Staff Writer January 22, Colombo (LNW): Sri Lanka’s Parliament took...

Digital Ambition Meets Reality in Sri Lanka’s Policy Push

By:Staff Writer January 22, Colombo (LNW): Sri Lanka’s renewed digital...

Ports Drive Growth to gain sustained economic advantage

By:Staff Writer January 22, Colombo (LNW): Sri Lanka’s ports are...

Sustainability and Compliance Redefine Sri Lanka’s Apparel Export Future

By:Staff Writer January 22, Colombo (LNW): Sri Lanka’s apparel sector...