Intellasia East Asia News – Japan calls for talks among creditor countries on Sri Lanka’s debt restructuring

Japanese Finance Minister Shunichi Suzuki urged all creditor nations to discuss Sri Lanka’s debt restructuring on Friday, after the crisis-hit South Asian nation reached a loan deal with the Monetary Fund. international.

“It is important that all creditor countries, including China and India, come together 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 around $2.9 billion, the global lender announced on Thursday, as the country seeks a way out of its worst economic crisis since gaining independence from Great Britain. Britain in 1948.

Category: Japan

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