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IMF ready to support Sri Lanka's discussions with bondholders

Summary by The Hindu
Sri Lanka said it failed to reach an agreement with bondholders to restructure about $12 billion debt earlier this week, raising concerns there could be a delay in the island nation receiving a third tranche of its $2.9 billion IMF program in June.

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IMF ready to support Sri Lanka's discussions with bondholders

Sri Lanka said it failed to reach an agreement with bondholders to restructure about $12 billion debt earlier this week, raising concerns there could be a delay in the island nation receiving a third tranche of its $2.9 billion IMF program in June.

·India
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The Hindu broke the news in India on Thursday, April 18, 2024.
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