The National Debt Management Institute has been established with the technical assistance of the International Monetary Fund (IMF) and the World Bank (WB).
The importance of the establishment has been emphasized in the supplementary budget of 2022 as an institutional reformation, enhancing loan management and transparency, and has been recognized as a prioritized sector under the appropriation loan facility of the IMF.
Cabinet approval was granted for the resolution furnished by the acting Minister of Finance, Economic Stabilization and National Policies to direct the Legal Draftsman to draft the bill of the State Loan Management Act.
The loan management reformation plan, loan management institutional framework and legal framework have been planned out.
The Committee on High Posts has approved the nomination of Former Air Force Commander Air Chief Marshal (Retd.)
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Leave Comments