COLOMBO (Reuters) – Sri Lanka is committed to meeting all its debt repayments and is hoping to complete debt restructuring negotiations in the next six months, the country’s central bank chief P. Nandalal Weerasinghe said on Tuesday.

Weerasinghe said good progress has been made in negotiations with the Paris Club creditor nations and other creditors, and while talks with local banks to reduce rates are ongoing, restructuring of domestic debt remains an uncertainty.

(Reporting by Uditha Jayasinghe, writing by Swati Bhat; editing by Sudipto Ganguly)

Copyright 2023 Thomson Reuters.

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