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Sri Lanka seeks to identify ISB holders to help restructure debt

COLOMBO, Aug. 2 (Xinhua) — Sri Lanka’s cabinet said on Tuesday that it has approved a proposal to seek the services of two international companies to identify who holds the country’s International Sovereign Bond (ISB) and to communicate the government’s restructuring plans with them.

Cabinet spokesman Bandula Gunawardena told the media that Sri Lanka is facing the biggest economic crisis since independence and