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

LB Finance Secures $45 Million to Boost MSME Lending

LB Finance Secures $45 Million to Boost MSME Lending

Modern Cranes, Maritime Gains: SAGT’s Role in Sri Lanka’s Port Revival

Modern Cranes, Maritime Gains: SAGT’s Role in Sri Lanka’s Port Revival

Finance Companies Surge as Lending Boom Reshapes Credit Landscape

Finance Companies Surge as Lending Boom Reshapes Credit Landscape

Economic Centre Shake-Up Sparks Trader Revolt, Policy Scrutiny

Economic Centre Shake-Up Sparks Trader Revolt, Policy Scrutiny