Japan calls for creditor nations’ talks on Sri Lanka debt restructuring
Posted by Editor on September 3, 2022 - 9:15 am
Japanese Finance Minister Shunichi Suzuki on Friday urged all creditor nations to discuss Sri Lanka’s debt restructuring, after the crisis-hit South Asian nation reached a loan agreement with the International Monetary Fund.
“It’s important for all creditor nations, including China and India, to gather to discuss Sri Lanka’s debt restructuring,” Suzuki told a news conference.
Sri Lanka has reached a preliminary agreement with the IMF for a loan of about $2.9 billion, the global lender said on Thursday, as the country seeks a way out of its worst economic crisis since independence from Britain in 1948.
(Reuters)
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