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EPF/ETF funds safe due to Domestic Debt Optimization – Sri Lanka Banks’ Association
The Sri Lanka Banks’ Association has emphasized that by optimizing domestic debt, the hard-earned funds of the working people in the country will be safeguarded from potential losses.
During an interview on the ‘101 Katha’ program,produced by the Presidential Media Division, Russel Fonseka, the Chief Executive Officer of the Bank of Ceylon and a member of the Sri Lanka Banks’ Association, expressed the importance of Domestic Debt Optimization. He highlighted the risk of funds, including the Employees’ Provident Fund, being compromised if such optimization measures were not taken.