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island.lk 06 Aug, 2022 03:30 am

BOC City Office reopens at historic location in Colombo – The Island

BOC City Office reopens at historic location in Colombo – The Island

Senewiratne Sri Lanka’s debt advisors are currently looking at local debt, as a restructuring plan to negotiate with our creditors is being developed as part of efforts to make debt sustainable in order to obtain support from the IMF.The nationalist Sri Lanka Podujana Peramuna (SLPP) and the Center-left Sri Lanka Freedom Party (SLFP) along with other leftist parties have been against IMF reforms, while center-right parties have been in favour of a global lender’s loan programme., a leading fabric manufacturing and finishing operation in Sri Lanka.It also highlights our continued confidence in Sri Lanka as a sustainable and competitive destination for apparel manufacturing, despite the ongoing economic challenges.

Second, and the more important issue is you have got to look at local debt as well, Wickremesinghe told an economic forum organized by the Advocata Institute, a Colombo-based think tank.After looking after foreign debts, the second key issue is to look at local debt.

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