Along with domestic debt restructuring, the government is preparing to amend the existing Income Tax Act and Appropriation Act.
The Minister of State for Finance Mr. Ranjith Siambalapitiya indicates that he expects to invite all pension funds related to it and discuss it in the future.
“Invite all pension funds involved in this to join this. There, we can exchange ideas and share their data. After that, they are given the opportunity to take the necessary decision.
The Inland Revenue Act has to be amended to prepare the necessary background for this. Also, our Appropriation Act has to be amended along with these works. After that, after they inform their decision, we can implement this program.” Said the Minister of State for Finance.
