World

Sri Lanka expects to conclude debt restructuring in time for IMF package third tranche

May 05, 2024

Colombo [Sri Lanka], May 5: Sri Lanka's Foreign Affairs Minister Ali Sabry told journalists in Colombo on Saturday that the country hopes to conclude debt restructuring in time for the third tranche of the International Monetary Fund financial aid program.
Speaking at a joint media briefing with his Japanese counterpart Yoko Kamikawa, Sabry said Sri Lanka is still working on stabilizing the economy, enhancing debt sustainability, and implementing growth-oriented structural reform.
Sabry also invited Japan to provide fresh investments in sectors such as power, infrastructure including port and highways sectors, dedicated investment zones, as well as green and digital economy.
Source: Xinhua

More news

Manav Vikas Sansthan Celebrates International Cooperative Day Across Six Districts Under PRANA Project

New Delhi [India], July 7: Manav Vikas Sansthan (MVS) is a non- government, secular, non-political voluntary organisation established in 1996 in the Kotdhar region of Bilaspur district, Himachal Pradesh. Dedicated to the conservation of natural resources and improving the quality of life for local communities. Since its initiation in Punjab in 2015-16, MVS has been working towards creating a Sustainable Agriculture Model to enhance farmers income by promoting cost- effective and high - yield techniques.

Jul 07, 2025