Sri Lanka to hire global law firm to aid debt restructuring

INSUBCONTINENT EXCLUSIVE:
Sri Lanka will hire a global law firm to provide technical assistance on debt restructuring ahead of talks with the International Monetary
last two years to $2.31 billion and it has to repay about $4 billion in debt in the remainder of this year.The drain of its dollars has left
technical adviser on Monday, Minister Pathirana told reporters.He said the central bank governor, foreign and justice ministers would
Monetary Fund, for which we need to have a technical committee
relation to the technical matters we have taken the decision to hire a company on a long-term basis for which we need to have a transparent
process
That process would be headed by Prof
G.L
Peiris and also Minister of Justice Ali Sabry and also they would be assisted by the Governor of the Central Bank and also the Treasury
This article first appeared/also appeared in https://adaderana.lk