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.