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Sri Lankan News IMF chief commends Sri Lanka s economic reform program, says collective effort key to success of debt restructuring
IMF Managing Director Kristalina Georgieva says the continued support from international financial institutions and other official creditors, together with the participation of bondholders in a debt exchange consistent with debt sustainability, is necessary to underpin the success of Sri Lanka s economic reform efforts. 27 Nov 2024 (10:01 AM) Ad Hoc Bondholders announces support for Sri Lanka s debt restructuring terms
The Steering Committee of the Ad Hoc Group of Sri Lanka Bondholders has announced its support for the restructuring terms of all 11 series of Sri Lanka s c.$12.55 billion in outstanding sovereign bonds, as detailed in Sri Lanka s Exchange Offer and Consent Solicitation Memorandum published today. 26 Nov 2024 (7:13 PM) Sri Lanka s Central Bank implements a single policy rate mechanism
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to implement a single policy interest rate mechanism, the Overnight Policy Rate (OPR), transitioning from its dual policy interest rate mechanism with effect from today (27 November). 26 Nov 2024 (11:38 PM) Sri Lanka s new President needs to address longstanding abuses, impunity - Human Rights Watch
Sri Lanka s new president, Anura Kumara Dissanayake, should address the country s many human rights problems by fulfilling and building upon pledges he made in recent election campaigns, Human Rights Watch has said in a letter to the president. 26 Nov 2024 (7:27 PM) India seizes 5.5 tonnes of Myanmar meth in biggest drug bust
India s coast guard said Tuesday they had seized their biggest haul of illicit drugs when they stopped a fishing boat smuggling 5.5 tonnes of methamphetamine from war-torn Myanmar. 26 Nov 2024 (8:20 PM) Ongoing 2024 A'L Exam temporarily suspended
The Examinations Department announced that it has been decided to temporarily suspend the ongoing 2024 G.C.E. Advanced Level Examination. 26 Nov 2024 (7:07 PM) |