There is a strong expectation that agreements with Sri Lanka’s external commercial creditors consistent with the International Monetary Fund (IMF)Continue Reading
The Director of the International Monetary Fund’s (IMF) Communications Department, Julie Kozack has highlighted several commendable objectives reached by theContinue Reading
President Ranil Wickremesinghe making a special statement in Parliament today said that the country has witnessed positive outcomes of enteringContinue Reading
Minister of Foreign Affairs, Ali Sabry says the government expects to finalize the foreign debt restructuring process by June, leadingContinue Reading
Sri Lanka’s next steps concerning the restricted discussions held with the Ad Hoc Group of Bondholders of its International SovereignContinue Reading
The Opposition, Samagi Jana Balawegaya (SJB) has expressed disappointment over the government’s lack of transparency related to the restricted discussionsContinue Reading
The International Monetary Fund (IMF) says there is a strong expectation that agreements with commercial creditors consistent with program parametersContinue Reading
An Agreement in Principle (AIP) has been reached with the Official Creditors Committee (OCC) and with the EXIM Bank ofContinue Reading
Japan has reiterated the importance of early completion of the signing of a Memorandum of Understanding (MoU) between Sri LankaContinue Reading
The Official Creditor Committee (OCC) has confirmed its agreement in principle on specific financing terms to restructure Sri Lanka’s debtContinue Reading
Sri Lanka has been informed that a debt-restructuring agreement with creditor nations has been reached, it was reported. According toContinue Reading
Sri Lanka’s private creditors have sent a proposal on how to restructure $12 billion of overseas debt, including a newContinue Reading
Global creditors and debtor nations say “significant progress” has been made on individual debt restructuring cases like Sri Lanka, Zambia,Continue Reading
The Supreme Court of Sri Lanka has dismissed the Fundament Rights (FR) Petition filed pertaining to the Employees’ Provident FundContinue Reading
The Cabinet of Ministers has granted approval for Sri Lanka’s domestic debt restructuring programme. The approval was granted during theContinue Reading
President Ranil Wickremesinghe discussed the country’s experience with debt restructuring and the need for a comprehensive approach to address theContinue Reading
Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe says Sri Lanka aims to announce a debt-restructuringContinue Reading
The Ad Hoc Group of Sri Lanka Bondholders, known as the Bondholder Group, has expressed willingness to engage with theContinue Reading