Debt restructuring is one of the prerequisites of the IMF's bailout package for Sri Lanka. The process is, however, getting delayed due to Sri Lanka's dire situation and a delay in concrete commitment from China, the island nation's largest bilateral lender. Sri Lanka seems to be missing its December deadline.
In an earlier release, the Indian High Commission in Sri Lanka said the visit of CNS symbolises strong relations and close cooperation between the two countries, with Sri Lanka being accorded the status of 'Priority One' partner by India.
New Delhi (India), December 14 (ANI/PNN): Nepalese Forbes listed billionaire Binod Chaudhary announced the massive acquisition of majority shares in UBC (United Bank of Colombo), Srilanka.
During the interactions, the Sri Lankan navy leadership and the ship's crew acknowledged the operational utility of the offshore patrol vessels developed by Goa Shipyard Limited.
Batting first, Jaffna Kings posted a big total of 178 for the loss of 5 wickets. Chasing a big target, Colombo Stars started their innings on the wrong foot as they lost the first two wickets for just five runs. Dinesh Chandimal tried to stabilize his team's innings but he couldn't manage to stay on the crease for a long time.