The International Monetary Fund is still assessing Sri Lanka’s deal with investors to re-structure sovereign bonds, Director of Communications Julie Cozack has said.
“Our team is in the process of assessing the agreed terms of the debt restructuring and whether they’re consistent with the parameters of our of our program,” Cozack told reporters in Washington.
“So once that assessment is complete, we’ll be able to communicate our our views on that.”
The Official Creditor Committee also has to sign off the deal with private bondholders.