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.
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An exhibition badminton match between Sri Lanka’s youngest Olympian shuttler, Viren Nettasinghe, and Anders Antonsen, the World No.2 ranked in Men’s Singles, will take place at the Mercantile Badminton Association (MBA) Courts at Malalasekara Mawatha, Colombo 7 on Friday (13).
In a major detection at the Ceylon Shipping Lines (CSL) warehouse in Colombo 09, Sri Lanka Customs officers uncovered a large consignment of contraband cigarettes and whisky concealed within a shipment declared as household furniture and personal goods.
Sri Lanka shared its condolences with bereaved family members of the victims of the Air crash in India today.
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