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Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
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Verité Research mooted Governance-Linked Bonds figure in London talks
Verité Research's Governance-Linked Bond (GLB) proposal, featured prominently in recent discussions between the Sri Lankan government and external commercial creditors in London, introduces a novel mechanism to align debt repaymen...
2024-04-17
Daily FT
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Eyeing Green Bonds, Sri Lanka State FinMin takes part at WB Biodiversity Financing forum
Sri Lanka, amidst its economic recovery efforts, is exploring innovative avenues for financing its green initiatives. State Finance Minister Shehan Semasinghe participated in the World Bank's Bio-Diversity Financing Forum, signaling the...
2024-04-17
Economy Next
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Recovery at stake as deal with bondholders delays: Economists
Economists warn that Sri Lanka's failure to reach a restructuring agreement with its bondholders by the set deadline could severely hinder the nation's recovery efforts. With over US$12 billion in outstanding bonds and accumulating arrears, delays in finalizin...
2024-04-17
Daily Mirror
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DEBT RESTRUCTURING: SL could still face foreign debt stock above 70% of GDP
The Asian Development Bank (ADB) has warned that even after completing debt restructuring, Sri Lanka may still face external debt exceeding 70% of its GDP unless it implements debt management laws. The bank's April Development Report und...
2024-04-16
The Morning
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