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

Pradeep Nilanga Dela Reappointed as Diyawadana Nilame of the Temple of the Sacred Tooth Relic

Pradeep Nilanga Dela has once again been elected as...

Dear Comrade Aravinda…

By Faraz Shauketaly It appears dear man, your work is...

US $ 30 Million IFC Loan Boosts Sri Lanka’s Clean-Energy Drive

In a significant step toward advancing Sri Lanka’s energy...

CPC’s Mid-2025 Slump amid Rising Debt and Fuel Sector Rivalry

In the first half of 2025, Ceylon Petroleum Corporation...