S & P ups Sri Lanka outlook to stable
Positive fiscal developments the key:
Standard & Poor’s revised its Sri Lanka ratings
outlook to stable from negative on Wednesday, citing positive fiscal
developments, which analysts said would help the island market a
looming US$ 500 million sovereign bond.
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Huge response for $ 500 m bond offer
There has been a tremendous response from banks
to the Government’s bond offer of US $ 500 million which will be
channelled for the development of the Eastern Province, Highways
Minister Jeyaraj Fernandopulle said yesterday.
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UNP’s wild behaviour during Gnanakone expose sign of guilt -
Rajitha
UNP democratic group member Minister Rajitha
Senaratne yesterday said the UNP MPs’ wild behaviour in Parliament
during Minister Karu Jayasuriya’s ‘Gnanakone expose’, bared the
party’s downright guilt in the affair.
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