COLOMBO: Sri Lanka's parliament approved a domestic debt restructuring plan on Saturday (Jul 1) that is crucial to continue a US$2.9 billion bailout from the International Monetary
on Saturday that is crucial to continue a US$2.9 billion bailout from the International Monetary Fund .Sri Lanka tumbled into its worst financial crisis in more than seven decades last year after the country's dollar reserves shrank to record lows, triggering mass protests, a foreign debt default and the resignation of its former president.
To put its debt on a sustainable footing and pass an IMF review, Sri Lanka unveiled a much-anticipated domestic debt restructuring framework last Thursday that seeks to rework part of the island nation's US$42 billion domestic debt. "This debt restructuring plan is essential for Sri Lanka to meet the target set by the IMF agreement to reduce debt from the current 128 per cent of GDP to 95 per cent of GDP by 2023," State Minister of Finance Shehan Semasinghe told parliament.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Verstappen on pole for Austrian Saturday sprintFormula One championship leader Max Verstappen led Sergio Perez in a Red Bull one-two in the pole shootout for Saturday's standalone sprint race at the Austrian Grand Prix.The double world champion lapped Spielberg's Red Bull Ring with a fastest lap of one minute 04.440 seconds to complete a qualifying do
続きを読む »
Verstappen on pole for Austrian Saturday sprintFormula One championship leader Max Verstappen led Sergio Perez in a Red Bull one-two in the pole shootout for Saturday's standalone sprint race at the Austrian Grand Prix.The double world champion lapped Spielberg's Red Bull Ring with a fastest lap of one minute 04.440 seconds to complete a qualifying do
続きを読む »
China forex regulator Pan Gongsheng named central bank party bossChina's ruling Communist Party appointed central bank deputy governor Pan Gongsheng as the bank's party secretary on Saturday (Jul 1), a move the Wall Street Journal said would be a prelude to becoming governor. The party's Central Organization Department announced the decision at a meeting on Saturday aft
続きを読む »
Hong Kong leader John Lee warns of 'resistance' on handover anniversaryHK marked the 26th anniversary of its handover from British to Chinese rule on Saturday. Read more at straitstimes.com.
続きを読む »
3 airplane passengers hospitalised in Sydney after severe turbulence caused by strong windsDue to strong winds, one of Sydney Airport's runways had to be closed on Saturday. Read more at straitstimes.com.
続きを読む »
People’s Park Food Centre reopens with anti-bird netting, upgraded facilities after renovationPeople’s Park Food Centre reopened on Saturday with many stall owners and returning patrons satisfied with what they said were overdue
続きを読む »