The Cabinet has approved debt restructuring agreements with the Paris Club and other relevant stakeholders. According to Cabinet Spokesperson, Minister Bandula Gunawardana, the agreements will be formally signed on June 26.
This decision marks a critical step towards stabilizing the nation’s economy.
Additionally, President Ranil Wickremesinghe is set to address the nation on June 26. The President’s address is anticipated to provide further insights into the agreements and outline the government’s plans for economic recovery.