President Ranil Wickremesinghe said that Japan will assist in the Credit Reconciliation Process and agreed to Co- Chair the summit in negotiation with creditor nations.
President Wickremesinghe made the comment in a special statement to Parliament on the economic situation and current negotiations with the creditors.
He added that Sri Lanka hopes to come to a common agreement with creditor nations including Japan, China and India. Apart from that the government has also commenced dialogues with Ambassadors of other countries that provided debt.
He also added that they expect to discuss with private creditors such as the London club for restructuring of debt.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
Read these and more on tomorrow’s edition of the Sunday Times
Cabinet has approved the appointment of Commodore (retired) M.B.N.A. Premaratne of the Sri Lanka Navy, as the new Commissioner General of Excise.
Villagers in Nirmalapura, Daluwa, Norochcholai today staged a protest over an incident where a group of Navy officials and sailors had assaulted a resident in the area over night, Police said.
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