Sri Lanka’s debt restructuring can be completed in the second quarter of this year, says the Minister of State for Finance Shehan Semasinghe.
Speaking in the parliament, he said that although the country is stable, the country has not fully come out of the danger zone.
“It may take another 6, 8, or 12 months to get out of the risk zone…”
The state minister pointed out that positive economic growth is possible in 2024 and has also said that it is important to maintain the current economic reforms for that.