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Sri Lankan News Sri Lanka s Cabinet approves restructuring of international sovereign bonds
The Cabinet of Ministers has approved the proposal for the restructuring of international sovereign bonds by way of swapping existing bonds for new bonds in accordance with the parameters indicated in the debt sustainability analysis conducted by the International Monetary Fund (IMF). 26 Nov 2024 (12:50 PM) CEB slams PUCSL s allegations on tariff revision delays
The Ceylon Electricity Board (CEB) has strongly refuted recent claims regarding the revision of electricity tariffs. 26 Nov 2024 (1:35 PM) Deputy Minister reveals procedure for importing vehicles
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. 26 Nov 2024 (4:08 PM) India rejects food imports from several countries including Sri Lanka
India has taken strict action against substandard food imports, rejecting consignments of items like apples, nuts, alcoholic beverages, and sushi from countries including China, Japan, Sri Lanka, Bangladesh, and Turkey. These products failed to meet the quality and safety standards set by the Food Safety and Standards Authority of India. 26 Nov 2024 (4:55 PM) Central Bank bond scam- Notice issued on ex-CBSL chief Arjuna Mahendran
The Colombo Magistrate s Court has issued notice on former Governor of the Central Bank of Sri Lanka (CBSL) Arjuna Mahendran to appear before the court on 25 February 2025 over a case filed by the Bribery Commission pertaining to the controversial bond issue in 2015. 26 Nov 2024 (1:08 PM) Supplementary estimate for essential expenses to be tabled in Parliament
The necessary provisions for incurring and accounting for certain essential expenses in the coming period of the year 2024 should be made through a Supplementary Estimate, Cabinet Spokesman, Minister Dr. Nalinda Jayatissa said during the today s Cabinet press conference. 26 Nov 2024 (1:19 PM) |