Debt Restructuring
Sri Lanka has already completed bilateral debt restructuring with India and China
Implementation letters with the Agence Francaise de Developpement (AFD), Bpifrance Assurance Export and the Banque de Fr
The deals were signed on March 25 and April 3 this year.
New govt has already drafted State Commercial Enterprises Management Draft Bill
Sri Lanka has finalized bilateral debt restructuring, but has to conclude with signing the deals
Despite efforts by last government, no SOE has been restructured so far.
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India is in discussion for renewable energy, connectivity projects with Sri Lanka
Sri Lanka is yet to finalise debt restructuring with private creditors
Sri Lanka is yet to reach a deal with private, commercial creditors
China’s debt restructuring negotiations have taken longer time than expected
Diplomatic ties between Sri Lanka and Japan has improved under Wickremesinghe after Rajapaksa’s LRT cancellation
Sri Lanka’s debt restructuring process has been slower than expected
“France will continue its constructive engagement with the Official Creditor Committee to reinforce debt sustainability
IMF team in Sri Lanka, headed by Peter Breuer, met with the country’s state finance minister and energy minister
“You’re collecting the revenue that’s needed to address the cause of the crisis”
Sri Lanka is to start more than 200 projects funded by creditors that had been halted when it declared bankruptcy
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