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Sri Lanka announces launch of ISB exchange after Cabinet approval
26 Nov 2024 (7:01 PM) Local Consortium of Sri Lanka commits support for govt s ISB restructuring
26 Nov 2024 (7:54 PM) Trump vows new Canada, Mexico, China tariffs that threaten global trade
26 Nov 2024 (2:33 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) Cabinet Spokesman responds to claims over lack of Muslim Ministers
26 Nov 2024 (4:50 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 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).. 
President-elect Donald Trump on Monday pledged big tariffs on the United States three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars. 
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. 
Sri Lanka s new government has responded to allegations over the lack of Muslim representation in its Cabinet of Ministers. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
