COLOMBO (News 1st); Sri Lanka's Tharushi Karunaratne, and Dilhani Lekamge have qualified to compete in the 2024 Paris Olympics following the latest update in the rankings Tharushi Karunaratne has secured the 45th position in the rankings, while Dilhani Lekamge secured the 26th position in the l...

COLOMBO (News 1st); Japan has welcomed the agreement reached between Sri Lanka and the Official Creditor Committee (OCC), co-chaired by India, Japan and France, on the Memorandum of Understanding of debt restructuring for Sri Lanka. Japan has played a leading role in the process of debt restructuri...

COLOMBO (News 1st); Sri Lankan authorities have announced that the final agreement has been reached on debt restructuring between Sri Lanka and the Official Creditor Committee on the sidelines of the Paris Forum 2024 in Paris, France.  The President's Media Division said SriLanka reached a...

COLOMBO (News 1st); Sri Lankan President Ranil Wickramasinghe has informed the cabinet that the agreement related to bilateral debt restructuring will be signed tomorrow. The President delivered a comprehensive briefing to the Cabinet, emphasizing the importance of these agreements for Sri Lanka&rs...

COLOMBO (News 1st); Sri Lanka's efforts to restructure its crippling debt face critical hurdles as the International Monetary Fund (IMF) pushes for concrete agreements with creditors ahead of the program's second review. While acknowledging commendable progress, IMF officials highlighted unf...