Go For Rating

Ishara S. Kodikara | AFP | Getty Images Sri Lanka Prime Minister Ranil Wickremesinghe, center, speaks to supporters at the prime minister's official residence in Colombo on December 16, 2018, after he was reappointed as prime minister by Sri Lanka's president, the same man who fired him from the job nearly two months ago.

Central Bank Deputy Governor W. A. Wijewardene told LBR that the credit rating would be in place early next year with bank funding for the whole process.rn

rnThe first steps have been taken to find a lquote rating advisory
dblquote .rn

rnThe ldblquote rating advisory
dblquote which will probably be an investment bank, will advice the government and help with its interaction with the rating agency. rn

rnA sovereign rating essentially gives an idea about the ability of the government to repay its debt.rn

rnldblquote Rating advisory
dblquote is expected to be put in place within the next two months after which Central Bank will call expressions of interest from top credit rating agencies.rn

rnOfficials say the national credit rating is likely to be obtained from either Moodys, Standard & Poors or Fitch ratings the three globally recognised rating agencies.rn

rnCentral Bank Governor A S Jayawardene is scheduled to meet top officials from Fitch Ratings on the sidelines of the World bank IMF meeti