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Cabinet approves international sovereign bond restructuring
Sri Lanka’s Cabinet approved the restructuring of $14.2 billion in international sovereign bonds by swapping existing bonds for new ones, aligned with the IMF's debt sustainability analysis, following agreemen...
2024-11-27
The Morning
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ஆக தேர்வு செய்க
Sri Lanka exceeds tax revenue target by 6% in first quarter
Sri Lanka's revenue collection agencies have exceeded expectations in the first quarter of 2024, surpassing the tax revenue target by 6%. State Revenue Minister Ranjith Siyambalapitiya hailed this achievement as a positive turnaround aft...
2024-04-22
Economy Next
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Sri Lanka to miss budget revenue target for 33rd year running in 2024: Verité Research
Sri Lanka's fiscal landscape remains challenging as it continues to struggle with meeting its revenue to GDP target for the 33rd consecutive year. The recently released "
2024-04-21
Daily Mirror
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Sri Lanka’s debt negotiations stall over GDP growth projections and repayment terms – Nishan de Mel
In a recent televised interview, Nishan de Mel, the Executive Director of Verité Research, highlighted the significant concerns raised by holders of Sri Lanka’s International Sovereign Bonds (ISBs) regarding the country's de...
2024-04-20
The Island
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Hopeful of Sri Lanka ISB restructuring deal despite ‘some setbacks’: IMF Official
Krishna Srinivasan, Director of the Asia and Pacific Department at the International Monetary Fund, has expressed optimism regarding the prospect of a deal with Sri Lanka’s sovereign bond holders, despite encountering "some setbac...
2024-04-19
Economy Next
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