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Home LOCAL

IMF extends support to Sri Lanka, urges all creditors to participate in debt negotiation

The International Monetary Fund today assured that it will support Sri Lanka’s debt restructuring process.

Hazari Mohamed by Hazari Mohamed
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(NewsRadio); The International Monetary Fund today assured that it will support Sri Lanka’s debt restructuring process.

Deputy Managing Director of the IMF Kenji Okamura they are hopeful that all official bilateral creditors can participate in the debt negotiation and can progress swiftly to complete them by the first program review.

Speaking during the launch of the debt restructuring negotiation process on Sri Lanka initiated by Japan, India, and France, Deputy Managing Director Kenji Okamura said the IMF supports the positive momentum and will support the debt restructuring process.

He emphasized that an expeditious debt resolution is needed for Sri Lanka to emerge as quickly as possible from the economic crisis.

Hazari Mohamed
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