A senior official from the International Monetary Fund (IMF), Krishna Srinivasan, Director of the IMF’s Asia and Pacific Department, addressed questions during a news conference concerning Sri Lanka’s debt situation. Srinivasan clarified that Sri Lankan authorities possess the flexibility to engage in negotiations and consider proposals presented by private creditors, including the possibility of issuing GDP-linked bonds.
He emphasized that the IMF’s role does not involve direct intervention in debt restructuring discussions between creditors and debtors, reaffirming the principle that such negotiations are primarily within the purview of the involved parties.
