Published 2 years ago

Sri Lanka begins crucial debt restructuring talks with China

Summary by Ground News

Sri Lanka is nearly bankrupt and has suspended repaying its USD 51 billion foreign debt. It has reached a preliminary agreement with the IMF for a USD 2.9 billion rescue package over four years. Finalisation of the rescue hinges on assurances from Sri Lanka's creditors on debt restructuring.

0 Articles

All

Left

Center

Right

Times of India

Sri Lanka begins crucial debt restructuring talks with China

Wickremesinghe, who recently returned from a trip to Japan, also said the Japanese authorities agreed to mediate the talks with China.

2 years ago·India

Read Full Article

Reuters

Japan says no pact yet with Sri Lanka on debt restructure talks

TOKYO - Japan has not yet reached an agreement with crisis-hit Sri Lanka to co-chair a summit on negotiations with creditor nations, a government official with direct knowledge of the matter told Reuters, brushing aside a statement from Colombo on Thursday. Japan is ready to fully support the Indian Ocean island nation in its credit restructuring, the official said on condition of

2 years ago·United Kingdom

Read Full Article

Associated Press News

Sri Lanka begins crucial debt restructuring talks with China

Sri Lanka’s government has started debt restructuring discussions with China, an important step toward finalizing an International Monetary Fund rescue of the island nation from its worst economic crisis. President

2 years ago·United States

Read Full Article

abc News

Sri Lanka begins crucial debt restructuring talks with China

2 years ago·United States

Read Full Article

KRDO

Sri Lanka begins crucial debt restructuring talks with China

By KRISHAN FRANCIS Associated PressCOLOMBO, Sri Lanka (AP) — Sri Lanka’s government has started debt restructuring discussions with China, an important step toward finalizing an International Monetary Fund rescue of the island nation from its worst economic crisis. President Ranil Wickremesinghe told Parliament on Thursday that the initial talks will continue after China’s Communist Party congress meeting that begins Oct. 16. Wickremesinghe also…

2 years ago·Colorado Springs, United States

Read Full Article