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Sri Lanka reaches debt-restructuring pact with sovereign bondholders
Millennium Post Delhi
|Delhi 06 October 2024
Sri Lanka has reached a debt restructuring agreement with its sovereign bondholders, the government has said, marking a crucial step towards the cash-strapped island nation's economic recovery and strengthening.
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In a statement on Friday, the Ministry of Finance said following the Agreement in Principle (AIP) reached with representatives of its international and local holders of International Sovereign Bonds on September 19, the Sri Lankan authorities have "now completed their consultations" with the country's "Official Creditor Committee (OCC) and the IMF".
Denne historien er fra Delhi 06 October 2024-utgaven av Millennium Post Delhi.
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