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).. MORE..
26 Nov 2024 (7:54 PM)
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. MORE..
27 Nov 2024 (10:01 AM)
(UPDATED) At least eight persons including 06 children are reported missing while two children have been rescued after the tractor they were travelling on was caught in flood waters in Karaitivu in Ampara District this evening (26). MORE..
26 Nov 2024 (10:54 PM)