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

0

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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here