The U.S. welcomes India’s strong supports for Sri Lanka’s debt restructuring

United States Ambassador to Sri Lanka Julie Chung says that the U.S. stands ready to assist Sri Lanka to unlock IMF assistance when all creditors agree to fair & equitable treatment. She further says that the U.S. pleased to see India confirm strong support for Sri Lanka’s prospective EFF program & commit to providing financing/debt relief transparently.

“Pleased to see India confirm strong support for SL’s prospective EFF program & commit to providing financing/debt relief transparently & in coordination w Paris Club. The US stands ready to assist SL to unlock IMF assistance when all creditors agree to fair & equitable treatment” tweeted the Ambassador.

India has told the International Monetary Fund that it strongly supports Sri Lanka’s debt restructuring plan as the island nation seeks a $2.9 billion loan from the global lender.