IMF chief commends Sri Lanka’s economic reform program, says collective effort key to success of debt restructuring

(LANKAPUVATH | COLOMBO) –  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.

"IMF chief commends Sri Lanka’s economic reform program, says collective effort key to success of debt restructuring"

PM emphasizes importance of restoring parliamentary supremacy

(LANKAPUVATH | COLOMBO) –  Prime Minister Dr. Harini Amarasuriya stated that in order to restore the Parliament as a supreme institution, which has faced public scorn and disapproval in the past, the Parliamentarians must act with the awareness that they are the representatives of the people.

"PM emphasizes importance of restoring parliamentary supremacy"

ADB approves $200 million loan to advance power system expansion in Sri Lanka

(LANKAPUVATH | COLOMBO) –  The Asian Development Bank (ADB) has approved a $200 million loan to upgrade Sri Lanka’s power sector infrastructure, enhancing the reliability of transmission and distribution networks and facilitating greater integration of renewable energy.

"ADB approves $200 million loan to advance power system expansion in Sri Lanka"

Sri Lanka elected to UN Commission on International Trade Law

(LANKAPUVATH | COLOMBO) –  Sri Lanka’s Foreign Ministry announced that Sri Lanka was among thirty-one (31) members elected to the United Nations Commission on International Trade Law (UNCITRAL) by the UN General Assembly on 20 November 2024. In a statement, the Ministry of Foreign Affairs emphasized that, Sri Lanka contested for a seat from the Asia Pacific Group, and secured 177 votes. This was the second highest number of votes within the group, and second…

"Sri Lanka elected to UN Commission on International Trade Law"