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Sri Lanka is confident of concluding debt talks in time for the IMF to consider the next review of the island’s program, according to State Minister for Finance Shehan Semasinghe. "We have a strong conviction that within our timelines we can do it," Semasinghe stated, noting that discussions on converting in-principle deals with official creditors into MOUs are progressing. He added that the second round of negotiations with bondholders needs to commence, with advisors for both bondholders and the government actively engaging in the process.
