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No move to restructure domestic debt – State Minister Shehan Semasinghe

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The Government has not made any decision to restructure domestic debt, as negotiations on treating external debt is still being discussed with external bilateral and commercial creditors, State Minister of Finance Shehan Semasinghe said

“GoSL has no intention to impose any treatment on domestic debt which will have adverse impact on domestic banking sector, insurance sector and superannuation funds. There is no basis for recent speculation announced on restructuring domestic debt,” the State Minister tweeted

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