Politics

Political Risks to Sri Lanka’s Debt Restructuring Ease, Says Fitch Ratings

Fitch Ratings has noted that political risks to Sri Lanka’s debt restructuring process have reduced following the authorities’ endorsement of the IMF programme targets and agreement to proceed with debt restructuring terms established with international bondholders in September. The election of Anura Kumara Dissanayake as president in September had initially caused uncertainty, raising concerns over

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Economics

President Discusses Tax Relief Plans with IMF Delegation in Sri Lanka

President Anura Kumara Dissanayake met with an IMF delegation yesterday, including Asia Pacific Department Director Krishna Srinivasan and Senior Mission Chief Dr. Peter Breuer, to discuss the status of Sri Lanka’s ongoing IMF programme. Accompanied by key officials, such as Central Bank Governor Dr. Nandalal Weerasinghe, Treasury Secretary Mr. Mahinda Siriwardena, Dr. Harshana Sooriyapperuma, and

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