President Ranil Wickremesinghe declared a Rs.25 million allocation for the restoration of tanks in the Divisional Secretariat Division, which issues the highest number of deeds under the “Urumaya” freehold land deeds program. He highlighted that these efforts are geared towards supporting farmers and advancing the country’s development.

President Ranil Wickremesinghe emphasized that a final agreement was concluded with Sri Lanka’s main official bilateral creditors in Paris, this morning (26), marking the end of debt restructuring negotiations with the Official Creditors’ Committee (OCC). Simultaneously, a final agreement was also reached with China’s Exim Bank in Beijing, along with related formal procedures.

In a significant milestone for Sri Lanka’s economic revitalization efforts, the nation has successfully finalized comprehensive debt restructuring agreements with key bilateral creditors. On June 26, 2024, Sri Lanka concluded negotiations with the Official Creditor Committee (OCC) and China Exim Bank, marking pivotal strides towards stabilizing its financial footing amid recent economic challenges.