The Sri Lankan government unveiled its Domestic Debt Restructuring plan on June 28, 2023.Inaccordance with this plan EPF and banks hold 36 percent each of government treasury bonds
A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for retirement benefits, the platform for public finance-related information in Sri Lanka noted.
Sri Lanka legislators have raised questions about the net present value hit on the Employment Provident Fund from a domestic debt re-structure given the lack of disclosure on its investments by its management, in a parliamentary debate