Minister of State for Finance Dr. Ranjith Siyambalapitiya said yesterday (26) that he responsibly declares that there will be no impact on the people’s deposits or interest income given during the Local Debt Restructuring process.
He also said that the EPF and ETF and the pension benefits too will not be affected.
He said that what the debt restructuring will include were measures such as loan repayment postponement, interest reduction, and payment period extension etc.
He stressed that personal deposits and social security schemes such as EPF, ETF and pension benefits will not be touched.
Meanwhile, Central Bank Governor Dr. Nandalal Weerasinghe also assured that there will be no danger on bank deposits and the interest given to the public during the Debt Restructuring Process.
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