Sri Lanka, Denmark seal $ 39 m debt restructuring deal

Wednesday, 19 November 2025 00:28 - - {{hitsCtrl.values.hits}}

Sri Lanka has signed a bilateral debt restructuring agreement with Denmark, securing the rescheduling of approximately $ 39 million in outstanding loans.

In a statement, the Finance Ministry said the move marks a significant step forward in the Government’s efforts to restore debt sustainability and revive the national economy.

Following bilateral discussions after the conclusion of the MoU with the Official Creditor Committee (OCC), the Government of Denmark has agreed to extend a debt relief measure by rescheduling the outstanding debts.

The agreement was signed by Treasury Secretary Dr. Harshana Suriyapperuma and Danish Foreign Minister Lars Løkke Rasmussen.

The Finance Ministry noted that entering into the Agreement will certainly pave the way to developing further the deep and longstanding bilateral relationships between the Government of Denmark and the Government of Sri Lanka.

“The Government of Sri Lanka extends its sincere appreciation to the Government of Denmark for its continued support and cooperation,” it added.