Sri Lanka seeks $17 billion debt reduction by restructuring

Sri Lanka seeks US$17 billion debt reduction by restructuring

Parliament is having a 3-day debate on IMF debt restructuring programme. If approved, the plan would dictate how Sri Lanka’s crisis-stricken economy will be managed in the coming years.

Sri Lanka seeks $17 billion debt reduction by restructuring

COLOMBO, Sri Lanka (AP) — Sri Lanka’s president urged lawmakers Wednesday to approve a four-year International Monetary Fund program to reduce the country's debt by $17 billion through restructuring.

Sri Lanka seeks $17 billion debt reduction by restructuring

COLOMBO, Sri Lanka (AP) — Sri Lanka’s president urged lawmakers Wednesday to approve a four-year International Monetary Fund program to reduce the country's debt by $17 billion through restructuring.

Sri Lanka seeks $17 billion debt reduction by restructuring

COLOMBO, Sri Lanka (AP) — Sri Lanka’s president urged lawmakers Wednesday to approve a four-year International Monetary Fund program to reduce the country's debt by $17 billion through restructuring.

Sri Lanka seeks $17 billion debt reduction by restructuring

COLOMBO, Sri Lanka (AP) — Sri Lanka’s president urged lawmakers Wednesday to approve a four-year International Monetary Fund program to reduce the country's debt by $17 billion through restructuring.

Sri Lanka seeks $17 billion debt reduction by restructuring

COLOMBO, Sri Lanka (AP) — Sri Lanka’s president urged lawmakers Wednesday to approve a four-year International Monetary Fund program to reduce the country's debt by $17 billion through restructuring.