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

Government Issues Official Gazette Formalising Changes in Ministerial Portfolios Following Cabinet Overhaul

Government Issues Official Gazette Formalising Changes in Ministerial Portfolios Following Cabinet Overhaul

Judicial Officers Instructed to Uphold Uniform Detention Standards Across All Prisons

Judicial Officers Instructed to Uphold Uniform Detention Standards Across All Prisons

President Pledges Robust Safeguards for Foreign Investment Amid Reform Drive

President Pledges Robust Safeguards for Foreign Investment Amid Reform Drive

Showers, thundershowers expected in most provinces: Fairly heavy falls above 50 mm likely to occur (Oct 12)

Showers, thundershowers expected in most provinces: Fairly heavy falls above 50 mm likely to occur (Oct 12)