Sri Lankans fret over next piece of debt puzzle: domestic reform

Banks want clarity on 'voluntary' plans; global creditors expect burden-sharing

20230607 sl banknote

A Sri Lankan rupee note at an exchange counter in Colombo: The government is working on plans to restructure domestic public debt, amid difficult negotiations with global creditors. © Reuters

MUNZA MUSHTAQ, Contributing writer

COLOMBO -- As Sri Lanka rushes to work out debt treatment arrangements with its global creditors, the embattled South Asian nation faces the simultaneous challenge of restructuring domestic debt, sparking unease among the crisis-weary public.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.