Central Bank Governor Dr.Nandalal Weerasinghe expressed confidence in the progress made on external debt restructuring, highlighting significant support from key players, including India, the Paris Club, and China.

“As stakeholders engaging closely with the process, I can say we have made very good progress and support was extended by all parties in our debt restructuring efforts,” he added.

He said that a staff-level agreement is on the horizon, awaiting finalisation once a few remaining details are resolved.