The Ceylon Chamber of Commerce, a leading business association in Sri Lanka, emphasizes the importance of patience and trust in the ongoing domestic debt restructuring process. Echoing the Central Bank of Sri Lanka, the chamber highlights that maintaining stability in the financial system and safeguarding the interests of depositors are top priorities.
It is crucial for all stakeholders to allow for a comprehensive and meticulous examination of the proposed debt restructuring plan. Constructive dialogue based on the final document is essential to achieve meaningful consensus while keeping the national interest at the forefront.
The chamber urges all political parties and concerned stakeholders to act responsibly and await the finalization of the debt restructuring plan. This step is integral to the broader agenda of ensuring debt sustainability and facilitating other necessary reforms. While acknowledging the concerns expressed following the government’s announcement of its intention to restructure domestic debt, the chamber emphasizes the need to approach the matter with sensitivity and avoid misinformation and speculation that can fuel uncertainty among the public.