The agreements reflect Sri Lanka’s commitment to conclude the external debt restructuring process promptly, following the Memorandum of Understanding reached with the Official Creditor Committee (OCC).
Under the agreements, Australia has agreed to extend debt relief to Sri Lanka by rescheduling outstanding obligations, with the total restructured debt estimated at around USD 39 million.
The signing ceremony was held on 27 October 2025 at the Ministry of Finance, with Dr. Harshana Suriyapperuma, Secretary to the Ministry of Finance, Planning and Economic Development, signing on behalf of the Sri Lankan government.
