Ambassadors’ Forum on debt restructuring and IMF program kicks off

An Ambassadors’ Forum on debt restructuring and International Monetary Fund (IMF) program commenced a short while ago under the patronage of President Ranil Wickremesinghe.

A total of 16 Colombo-based missions are participating in the forum, the President’s Media Division (PMD).

Meanwhile, six other participants are taking part in the forum from New Delhi virtually, the PMD added.

Earlier this month Sri Lanka reached a preliminary deal with the IMF for a loan of about USD 2.9 billion contingent on it receiving financing assurances from official creditors and negotiations with private creditors.

Source: Adaderana