Sri Lanka debt

IMF confirms receipt of India’s financing assurances for Sri Lanka  

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IMF confirms receipt of India’s financing assurances for Sri Lanka  

Photo used for representation purpose only. The International Monetary Fund (IMF) has confirmed receiving India’s written financing assurance in support of Sri Lanka’s economic revival, Reuters news agency reported, while Sri Lanka has expressed hope of completing talks on debt restructuring in six months’ time. “We confirm that India has indicated to the IMF management … Read more

India expected to send ‘positive’ message on debt during Jaishankar’s visit to Sri Lanka

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India expected to send ‘positive’ message on debt during Jaishankar’s visit to Sri Lanka

External Affairs Minister S. Jaishankar. | Photo Credit: ANI External Affairs Minister S. Jaishankar’s visit to Colombo on Thursday will focus on “supporting Sri Lanka” in its current economic crisis, government sources said, adding that talks are ongoing in the field of energy security, food security, currency swap arrangements as well as talks about restructuring … Read more