CCC calls for responsible action and patience on debt restructuring plan

The Ceylon Chamber of Commerce (CCC) urges all political parties and stakeholders concerned to act with responsibility and await the finalization of the proposed debt restructuring plan. 

“This will be a crucial step of the overall debt sustainability agenda and will assist in driving forward the other crucial reforms connected to it. In recent days, there have been numerous concerns following the announcement of the Government's intention to restructure Sri Lanka's domestic debt,” a Ceylon Chamber statement said. 

“While we understand these concerns and recognize the right to an open dialogue, we must be mindful of the market sensitivities around restructuring debt and the need to avoid misinformation and speculation, which fuels uncertainty amongst the general public,” it added.