A Group of eminent citizens with a real affection for the motherland has stepped in to restore good governance, maintaining peace, law and order and even going to the extent of exerting pressure on the present administration to abide by the constitution following democratic principles.
Prime Minister Dinesh Gunawardena yesterday urged the Japan International Cooperation Agency (JICA) to recommence all projects that are temporarily halted due to fiscal issues.
The International Monetary Fund (IMF) has expressed the belief that Sri Lankan authorities secure financing assurances from all its bilateral creditors soon, so that the Fund’s Executive Board could give its nod to unlock the envisaged US$ 2.9 billion bailout package to support the crisis-hit economy, a top IMF official said.
The Export-Import Bank of China has provided Sri Lanka with a debt extension, China’s Foreign Ministry said on Monday, noting that China is willing to negotiate a medium- and long-term debt disposal plan with the country in a friendly manner, and do its best to promote Sri Lanka’s debt sustainability.
President Ranil Wickremesinghe stated that an Economic Commission will be formed as early as possible to approve investment projects in order to provide more opportunities to local and foreign investors.
