FM Sitharaman to join her French, Japanese counterparts to announce Sri Lanka debt restructuring process
The Hindu
Finance Minister Nirmala Sitharaman will join her French and Japanese counterparts to announce Sri Lanka’s debt restructuring negotiations process, the IMF has announced
Union Finance Minister Nirmala Sitharaman will join her French and Japanese counterparts on April 13 to announce Sri Lanka’s debt restructuring negotiations process, the IMF has announced.
The Finance Ministers of the three creditor countries will hold a press briefing on the margins of the annual Spring meetings of the World Bank and the International Monetary Fund (IMF) in Washington.
Also read: Explained | Understanding the sovereign debt crisis in Sri Lanka
“Japan, India, and France on Thursday will hold a press briefing on the margins of the Spring meetings to announce the launch of the debt restructuring negotiations process on Sri Lanka,” the IMF said on April 11, quoting a Japanese Finance Ministry statement.
The three creditor countries have been working closely for a coordinated debt restructuring for Sri Lanka, the statement said.
Japanese Finance Minister Shunichi Suzuki and French Finance Minister Bruno Le Maire will join Ms. Sitharaman during the press briefing.
Sri Lankan President Ranil Wickremesinghe and his state Finance Minister Shehan Semasinghe will also join the in-person live streaming.
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