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Sri Lanka announces launch of ISB exchange after Cabinet approval
26 Nov 2024 (7:01 PM) No decision to ban tuition classes - Cabinet Spokesman
26 Nov 2024 (4:03 PM) Deputy Minister reveals procedure for importing vehicles
26 Nov 2024 (4:08 PM) No decision to ban tuition classes - Cabinet Spokesman
26 Nov 2024 (4:03 PM) Local Consortium of Sri Lanka commits support for govt s ISB restructuring
26 Nov 2024 (7:54 PM) Ongoing 2024 A'L Exam temporarily suspended
26 Nov 2024 (7:07 PM) |
Sri Lanka has announced the official launch of the exchange of its outstanding International Sovereign Bonds (ISBs) totaling approximately USD 12.55 billion, as of 25 November 2024. 
The Cabinet Spokesman, Minister Dr. Nalinda Jayatissa clarified that no decision has been taken to ban tuition classes in the country. 
Deputy Minister of Economic Development Prof. Anil Jayantha Fernando clarified the procedure for importing vehicles in the future, emphasizing the role of foreign reserve limitations in the process. 
The Local Consortium of Sri Lanka (LCSL), comprised of domestic commercial banks and financial institutions, has committed its full support for the Exchange Offer and Consent Solicitation launched today by the Government of Sri Lanka to restructure the US$12.55bn in outstanding International Sovereign Bonds (ISBs).. 
The Examinations Department announced that it has been decided to temporarily suspend the ongoing 2024 G.C.E. Advanced Level Examination. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
