Mahinda Siriwardena resumes duties as Finance Secretary

K.M.M. Siriwardena, who was re-appointed as the Secretary to the Ministry of Finance, Economic Development, Policy Formulation, Planning, and Tourism, resumed his duties today (25). Deputy Secretaries of the Treasury, heads of departments under the Ministry of Finance, and other senior officials attended the event.

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Full Story: Fitch Affirms Sri Lanka at Restricted Default; Policy Uncertainty Following Elections

Fitch Ratings has affirmed Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘RD’ (Restricted Default) and Long-Term Local-Currency IDR at ‘CCC-‘. Fitch typically does not assign Outlooks to issuers with a rating of ‘CCC+’ or below. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers Restructuring Negotiations Ongoing: The sovereign remains …

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Full Story: Fitch Affirms Sri Lanka at Restricted Default; Policy Uncertainty Following Elections

Fitch Ratings has affirmed Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘RD’ (Restricted Default) and Long-Term Local-Currency IDR at ‘CCC-‘. Fitch typically does not assign Outlooks to issuers with a rating of ‘CCC+’ or below. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers Restructuring Negotiations Ongoing: The sovereign remains …

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New Governors Appointed – PMD

The Honourable President Anura Kumara Dissanayake has appointed new governors for nine provinces. The list of governors appointed today is as follows: The President’s Secretary, Dr Nandika Sanath Kumanayake, was also present at the occasion.

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IMF Chief reaffirms support to President AKD

International Monetary Fund Chief Kristalina Georgieva in a congratulatory letter to Sri Lankan President Anura Kumara Dissanayake, reiterated the IMF’s readiness to assist the country through its future development and reform goals.  “We at the IMF greatly value the excellent engagement that we have had with Sri Lanka over the years. I would like to take this opportunity to assure …

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IMF Chief reaffirms support to President AKD

International Monetary Fund Chief Kristalina Georgieva in a congratulatory letter to Sri Lankan President Anura Kumara Dissanayake, reiterated the IMF’s readiness to assist the country through its future development and reform goals.  “We at the IMF greatly value the excellent engagement that we have had with Sri Lanka over the years. I would like to take this opportunity to assure …

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IMF Congratulates Newly Elected President

The Managing Director of the International Monetary Fund (IMF), Mrs. Kristalina Georgieva, extended her congratulations to Honourable Anura Kumara Dissanayake on his election as the new President of Sri Lanka. In her special message, Mrs. Georgieva reaffirmed the IMF’s commitment to remaining a strong partner to Sri Lanka and expressed her hope to further strengthen the mutually beneficial relationship between …

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General Election on November 14

The Extraordinary Gazette notification issued by President Anura Kumara Dissanayake dissolving the Parliament of Sri Lanka effective from midnight today (24), has been published by the Department of Government Printing. The proclamation dissolves Parliament with effect from midnight today and summons the new Parliament to meet on the November 21, 2024. It has also fixed November 14, 2024 as the …

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