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Sri Lanka finalizes debt restructuring agreement with official creditor committee

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Sri Lanka has reached a final restructuring agreement for USD 5.8 billion of debt with its bilateral lenders’ Official Creditor Committee in Paris, France a short while ago, the President’s Media Division announces.

This agreement grants significant debt relief, allowing Sri Lanka to allocate funds to essential public services & secure concessional financing for its development needs, the PMD adds.

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