COLOMBO (Reuters) – 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.
(Reporting by Uditha Jayasinghe; Writing by Shivam Patel; Editing by Andrew Heavens)
