IMF: Sri Lanka can discuss proposals from private creditors including GDP-linked bonds
Posted by Editor on October 14, 2023 - 8:44 am
Krishna Srinivasan, Director of Asia & Pacific Department of the IMF. (Photo: YouTube)
Sri Lanka’s authorities can negotiate any proposals private creditors make, such as issuing GDP-linked bonds, a senior International Monetary Fund (IMF) official said on Friday.
Krishna Srinivasan, Director of the IMF’s Asia and Pacific Department, made the comment at a news conference, when asked by a reporter whether issuing GDP-linked bonds was an idea the IMF would allow.
“We don’t get involved in debt restructuring efforts between creditors and debtors,” he said.
(Reuters)
Latest Headlines in Sri Lanka
- Brigadier Franklin Joseph assumes duties as Sri Lanka Defence Ministry Spokesman July 25, 2025
- Sri Lanka slashes driver’s license software contract by Rs. 156 Million July 25, 2025
- Sri Lanka President to undertake state visit to Maldives from July 28 July 25, 2025
- Sri Lanka Police Sergeants caught hunting deer in Wildlife Sanctuary July 25, 2025
- IMF praises Sri Lanka’s economic reforms, warns of rising global risks July 25, 2025
