Cabinet gives go-ahead for DDR

28 Jun 2023 - {{hitsCtrl.values.hits}}

Approval has been granted by the Cabinet of Ministers for the country's Domestic Debt Restructuring (DDR) program.

The approval was given at a special Cabinet meeting held this evening.

Sri Lanka is currently taking steps to restructure domestic debt in order to ameliorate the nation's financial difficulties.

Meanwhile, the President’s Media Division said in a statement that the domestic debt restructuring programme proposed by the Finance Ministry was approved by the special cabinet meeting unanimously which concluded this evening

It further stated that all Government MPs were notified this regard a short while ago at the Presidential Secretariat and the next proposal will be submitted at the next Parliament session for discussion.

Breaking News

Cabinet gives go-ahead for DDR

Most Popular Articles

Ravi to face disciplinary action over national seat fuss

Independent MP refuses to vacate Opposition Leader’s seat

Perks announced for newly elected MPs

Aruni Ranaraja appointed new Foreign Secretary

Sumanthiran voted out in Jaffna

Vijitha tops highest in preferential vote history

LATES'T NEWS

Sri Lankan fishing trawler seized in Maldives with over 450kgs of heroin and Ice

Two arrested with ambergris worth Rs. 8 million in Anuradhapura

Sri Lanka launches new initiatives to attract Indian tourists

Flood warning issued for several areas

Excavation for alleged buried treasure concludes without findings