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Tripartite debt restructure initiative gets underway amid ISB debt issue pending
India, Japan, and France on Thursday will announce the launch of the debt restructuring negotiations process on Sri Lanka while the creditor countries have been closely working toward a coordinated debt rearrangement process.
Sri Lanka denies obligation on Hamilton Reserve Bank claim on debt default
Sri Lanka Finance Ministry has swiftly moved in to submit the country’s legal submissions on April 7 in defence following a United States District Court’s denial Sri Lanka Government's motion to dismiss the case filed by Hamilton Reserve Bank on behalf of certain holders of International Sovereign Bonds (ISBs).
Tourist arrivals top 26000 in first week of April
Sri Lanka’s tourism is raganing its momentum under present tourism administration headed by Minister Harin Fernando under recovery measures with the untiring efforts of Tourism Development Authority led by experienced and qualified tourism administrator Priyantha Fernando along with private stakeholders, several travel trade analysts said.
FAO delivers 3,820 tonnes of urea fertilizer to tackle SL agriculture crisis
The European Union (EU) has allocated 4 million Euro (approximately 1,5 billion rupees) in grants for fertilizers, seeds, and training to the most vulnerable farmers, as a response to the agriculture and food security crisis in Sri Lanka.
EX CB chief underscores CB’s guess on debt restructure timing
Underscoring what the Central Bank Governor Dr. Nandalal Weerasinghe said on an early finish to the debt restructuring