Cabinet approves debt restructuring agreements, Minister confirms

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

Growing Calls for Tamil Rapper HipHop Sangee’s Release Amid PTA Detention

Calls for the release of Tamil rapper HipHop Sangee...

The Reckoning Long Deferred

By Roger Srivasan Additional Solicitor General Dileepa Peris is not...

Sri Lanka’s Biggest Battery Storage Push Targets Grid Stability

Sri Lanka is preparing to launch its largest-ever battery...

Reform Success Faces New Global Economic Threats

Sri Lanka’s latest IMF review has delivered more than...