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A guidance peg for interbank transactions weakened by one cent to 360.97 rupees
Sri Lanka will ask Japan to invite the Indian Ocean island's main creditor nations, including China and India, to talks on bilateral debt restructuring, as it seeks a way out of its worst economic crisis in decades, its president said on Thursday.The post Sri Lanka to ask Japan to open talks on debt restructuring with key lenders appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - ...
Sri Lanka’s National Security demands greater attention than during the history of the country ever since independence, the Defence Secretary General Kamal Gunaratne said on Wednesday (August 17).The post National Security demands greater attention unlike ever in history – Defence Secretary appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
Sri Lanka is taking expeditious measures to advance the debt restructuring process with the assistance of financial and legal advisors, the Central Bank of Sri Lanka said today. The bank said that negotiations with the International Monetary Fund (IMF) towards reaching a staff-level agreement on the Extended Fund Facility (EFF) arrangement are scheduled in the […]
There has been no request to restructure domestic debt
ECONOMYNEXT – Sri Lanka’s central bank said it was holding its policy rates at 15.50 percent, while data showed market interest rates are close to twice the rate and private credit and imports falling. Monetary Policy Review: No. 06 – August 2022The Central Bank of Sri Lanka maintains policy interest rates at their current levelsThe Monetary Board of the Central Bank of Sri Lanka...
…questions mysterious cancellation of Japanese-funded LRT project By Shamindra Ferdinando Ruling party rebel lawmaker Prof. Charitha Herath says that the cancellation of the Japanese funded USD 1.5 bn light rail transit (LRT) project remains a mystery. The SLPP National List MP told The Island yesterday (17) that his efforts, in his former capacity as Chairman […]
Govt. briefs international community ahead of Geneva sessions The government has assured the Colombo-based diplomatic community that the restoration of the provisions in the 19th Amendment, by the enactment of the 21st Amendment, would strengthen parliamentary democracy, enhance oversight of the executive branches of government and ensure independence of key institutions. The government also said ...
The national Insurer Sri Lanka Insurance enters into a strategic tie up and signed a Memorandum of Understanding (MoU) with the Ceylon Motor Traders Association (CMTA) the representative body of Sri Lanka Automotive industry to provide an exclusive vehicle insurance package for the CMTA members. The MoU exchange took place between the two parties recently […]
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