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Tuesday, 27 June 2023 16:27

Sri Lanka sees $17 billion debt restructuring in five years

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Sri Lanka anticipates restructuring $17 billion out of a total $41.5 billion of foreign debts within a five-year term, its president said on Tuesday.

President Ranil Wickremesinghe also said restructuring of local debt will have no impact on the stability of the country's banking system. (Reuters)

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