Friday, December 8, 2023
HomeEconomyJapan calls on creditor nations to negotiate Sri Lanka's debt restructuring

Japan calls on creditor nations to negotiate Sri Lanka's debt restructuring

TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki on Friday urged all creditor nations to discuss Sri Lanka’s debt restructuring after the crisis-hit South Asian country struck a loan deal with the International Monetary Fund.

“It is very important for all creditor countries, including China and India, to come together to discuss Sri Lanka’s debt restructuring,” Suzuki told a news conference said.

Sri Lanka has reached a tentative agreement with the International Monetary Fund to provide about $2.9 billion in loans, the global bank said on Thursday as the country seeks to emerge from the worst economic crisis since British independence. way out 1948.

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