Colombo, March 7 -- Sri Lanka has signed the bilateral Amendment Agreement with the Japan International Cooperation Agency (JICA) alongside the Exchange of Notes between the Government of Sri Lanka and the Government of Japan in relation to the External Debt Restructuring Process.

The Finance Ministry said that this was a significant milestone of the External Debt Restructuring Process and a testament to GoSL's commitment to conclude the restructuring process as soon as possible to restore debt sustainability and thereby revamp Sri Lanka's economy. The Government of Japan has played a pivotal role in spearheading Sri Lanka's External Debt Restructuring Process, co-chairing the Official Creditor Committee alongside France and India. ...