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India first to formally notify IMF assurance and support to Sri Lanka’s external debt restructuring

Committed to continuing negotiations with the Sri Lankan government on medium to long term debt restcturing plans via interest rate reductions, maturity extensions, or similar. Outlined expectation that Sri Lanka should seek equitable debt treatment from all commercial and official bilateral creditors. 

https://www.ft.lk/front-page/India-first-to-formally-notify-IMF-assurance-and-support-to-Sri-Lanka-s-external-debt-restructuring/44-744268

 

 

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