Start of bilateral discussions with Government of Sri Lanka on debt-restructuring

Date:

In response to a recent request from the Government of Sri Lanka, the High Commission of India in Colombo held the first round of discussions on 16 September 2022 in Colombo with the Government of Sri Lanka on restructuring Sri Lanka’s bilateral official debt to India. The discussions held in a cordial atmosphere symbolize India’s support to early conclusion and approval of a suitable IMF Programme for Sri Lanka, for which financing assurances from creditors to make Sri Lanka’s debt sustainable are required. India will continue to remain closely engaged with relevant Sri Lankan stakeholders.

****

Colombo

20.09.2022

Share post:

spot_imgspot_img

Popular

More like this
Related

How Singapore Chose to Work — and Why Sri Lanka Still Can

By Roger Srivasan Discipline, merit, and the courage to enforce...

After Three Decades of Silence, Sri Lanka’s Child Abuse Case Files Are Finally Opened

After Three Decades of Silence, Sri Lanka’s Child Abuse Case Files Are Finally Opened

Debt Storm Returns as Sri Lanka’s Growth Engine Stalls

Sri Lanka’s fragile debt recovery is once again under...

Policy Paralysis Threatens Sri Lanka’s Renewable Energy Transition

Sri Lanka’s ambitious renewable energy drive is facing a...