20 September 2024 11:56 am Views - 40
BY YOHAN PERERA
Lawyers’ Collective member Shiyan Punchihewa, in a letter addressed to Chairman Election Commission Saman Ratnayake has informed that the report issued by the government on the agreement with external commercial creditors is an attempt to influence voters.
“Sri Lanka has reached agreements with external commercial creditors to restructure approximately USD 17.5 Bn of external debt, achieving a 40.3% Net Present Value (NPV) concession. This provides significant debt relief and reduces interest payments, strengthening the country’s financial stability,” the government report said. Punchihewa requested the polls chief to get the media to refrain from reporting on the matter.