Sri Lanka says confident of wrapping up debt talks for IMF review in June

Sri Lanka
By Editor_1

COLOMBO– Sri Lanka is confident of wrapping up debt talks in time for the International Monetary Fund (IMF) to consider the next review of the island’s program, State Minister for Finance Shehan Semasinge said.

“We have a strong conviction that within our timelines we can do it,” Minister Semasinghe told reporters on Thursday (30).

He said discussions on converting in-principle deals with official creditors into MOUs were progressing, adding, “We have to open the second round of negotiations with bondholders.

Meanwhile, advisors of bondholders and government are also engaging he said.

-economynext.com

Editor_1
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