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Collective effort key to success of debt restructuring: IMF Chief
  • IMF Chief Kristalina Georgieva stresses international support, debt restructuring, and reform commitments as vital for Sri Lanka's economic recovery and growth.

 

IMF Managing Director Kristalina Georgieva emphasized the importance of international financial support, bondholder participation, and debt restructuring agreements to ensure the success of Sri Lanka’s economic reforms. She noted that agreements with external bondholders and local creditors align with the IMF-supported program and will provide significant external debt relief, aiding in debt sustainability. Georgieva highlighted the need for rapid completion of debt operations with high creditor participation and praised Sri Lanka’s commitment to reforms aimed at achieving sustained economic growth, reaffirming the IMF’s support for the country’s recovery and development goals.


Collective effort key to success of debt restructuring: IMF Chief | The Morning

The Morning
2024-11-28