July 2, 2023
1 min read

Lanka’s domestic debt optimisation plan gets nod

The resolution was passed with 122 MPs voting for it and 62 against it….reports Asian Lite News

The resolution on Sri Lanka’s Domestic Debt Optimization was passed by a majority vote in the parliament on Saturday with the support of some opposition MPs, Colombo Gazette reported.

The resolution was passed with 122 MPs voting for it and 62 against it. Speaker of Sri Lanka Parliament Mahinda Yapa Abeywardena informed the Parliament that the resolution was passed with amendments.

Opposition MPs Vadivel Suresh, Kumara Welgama and Independent MPs Anura Priyadharshana Yapa and Dr Sudharshini Fernandopulle were among those who voted for the resolution, as per Colombo Gazette.

Parliament had decided to have a full-day debate on Domestic Debt Optimization on Saturday.

The Committee on Public Finance (COPF) had earlier approved the resolution on Domestic Debt Optimization by a majority.

Extensive discussions on Domestic Debt Optimization were held earlier at the Committee on Public Finance Chaired by (Dr.) Harsha de Silva.

According to Colombo Gazette, discussions were also held with Dr Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), K. M Mahinda Siriwardana, Secretary to the Treasury and high officials representing the Ministry of Finance, Economic Stabilization and National Policies.

Discussions also took place with creditors, including banks, superannuation funds, and insurance funds. (ANI)

ALSO READ: Lanka to tame drug menace

Previous Story

‘Balochistan vulnerable to climate-induced disasters’

Next Story

Tories face biggest by-election defeat in history

Latest from -Top News

UK-Kenya defence partnership deepened

Defence Secretary met with Agnes Wanjiru’s family to offer condolences, fulfilling his commitment and making him the first UK Minister to meet with them In a historic and emotionally charged visit to

South Africa hosts virtual meeting of G20 Sherpas

During the meeting, Zane Dangor spoke about the importance of continuing to work with multilateral institutions, including the United Nations, to address global challenges South Africa hosted the second virtual meeting of

WFP warns as Sudan war enters third year

The civil war began on April 15, 2023, amid a power struggle between the Sudanese army and the leader of a powerful rival militia called the Rapid Support Forces The conflict, which
Go toTop

Don't Miss

Breather for Gotabaya as Parliament rejects no-trust motion

Samagi Jana Balawegaya (SJB) MP Harsha de Silva said that

Low tax regime another curse to Lankan economy

Sri Lanka’s economic outlook remains vulnerable to unprecedented inflationary pressures