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Posts tagged as “negotiate”

Debt restructuring framework likely in May

By Charumini de Silva in Daily FT, Apr 26, 2023The Government announced yesterday that the much-awaited debt restructuring framework to negotiate with creditors would be ready in May. “Debt restructuring process is the biggest challenge Sri Lanka is facing now. However, President Ranil Wickremesinghe is confident that a framework for debt restructuring negotiations will be ready within May,” Cabinet Co-Spokesman and Minister Bandula Gunawardana said at the post-Cabinet meeting media briefing yesterday. He confirmed that…