IMF bailout discussion on Sri Lanka debt restructuring still on lower pedestal as China keeps mum
Sep 13, 2022
Colombo [Sri Lanka], September 13 : Sri Lanka has reached an agreement with the International Monetary Funds (IMF) regarding debt restructuring which will start only after all Sri Lankan creditors agree to restructure their existing loans to the island nation. On the other hand, while China keeps mum over the issue, IMF bailout discussions still remain at the staff level of agreement.