Sri Lanka expects to conclude debt restructuring in time for IMF package third tranche
May 05, 2024
Colombo [Sri Lanka], May 5: Sri Lanka's Foreign Affairs Minister Ali Sabry told journalists in Colombo on Saturday that the country hopes to conclude debt restructuring in time for the third tranche of the International Monetary Fund financial aid program.
Speaking at a joint media briefing with his Japanese counterpart Yoko Kamikawa, Sabry said Sri Lanka is still working on stabilizing the economy, enhancing debt sustainability, and implementing growth-oriented structural reform.
Sabry also invited Japan to provide fresh investments in sectors such as power, infrastructure including port and highways sectors, dedicated investment zones, as well as green and digital economy.
Source: Xinhua
