Tag: SL Government
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Central bank promulgates regulations on Financial Consumer Protection
The Central Bank is to introduce Regulations on Financial Consumer Protection having recognized the need to institutionalize financial consumer protection in the delivery of services by regulated financial institutions.
PSC focuses on digitise public and private institutions to promote investments
The need of the digitization of public and private institutions in promoting investments in Sri Lanka and establishing a single point for obtaining all necessary approvals for investment promptly has been emphasized.
SL Bondholders ready for debt restructuring talks with authorities
Sri Lanka’s bondholders have told the International Monetary Fund (IMF) that they are prepared to engage with the island nation’s authorities in debt restructuring talks consistent with the parameters of the global lender’s program.
SL export haul surpasses US$13 billion in 2022 missing $ 16 billion target
Sri Lanka’s merchandise exports in 2022 posted US $ 13.07 billion, up by 5% from 2021 sustaining its resilience, but fell short $ 1.03 billion from the set target of $16 billion.
Sri Lanka compels to clear another hurdle of domestic debt restructuring
Sri Lanka is to clear another hurdle of massive domestic debt restructuring as external creditors want more details of government debts before formal negotiations, informed sources said.