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Lanka declares special bank holiday on Jun 30 to set in debt restructuring

Sri Lanka's Central Bank on Monday declared a special bank holiday on Friday to ensure a continuous five-day cooling-off period after the government's announcement on the domestic debt restructuring (DDR) process as part of the efforts to revive the cash-strapped economy.
Sri Lanka United States United Kingdom Ranil Wickremesinghe Nandalal Weerasinghe Gotabaya Rajapaksa

First Capital maintains domestic debt restructuring probability low at 20-pct

First Capital maintains the domestic debt restructuring (DDR) probability at 20%, highlighting that the domestic debt restructuring probabilities stand low for Sri Lanka. Following are the arguments for and against presented by First Capital in terms of DDR. Arguments Against Local Debt Restr
Sri Lanka First Capital Finance Companies Pension Funds Local Debt Restructuring Debt Sustainability

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