29-September-2022
Economy News
 
India holds debt restructuring talks with Sri Lanka
22-Sep-2022

India and Sri Lanka held the first round of talks here last week on restructuring the bilateral official debt of the island nation facing economic crisis, according to an official statement on Tuesday. The discussions symbolise 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, the Indian High Commission said in a statement.

News Source:- https://www.financialexpress.com/economy/india-holds-debt-restructuring-talks-with-sri-lanka/2682519/