IMF: Sri Lanka's talks with creditors ongoing, unaware of specific deals
© Reuters. FILE PHOTO: A general view of the main business district as rain clouds gather above in Colombo, Sri Lanka, November 17, 2020. REUTERS/Dinuka Liyanawatte/File photoMARRAKECH - Discussions between Sri Lanka and all its creditors are ongoing, though the International Monetary Fund has not been informed about specific agreements, Its mission chief for the country said on Wednesday.
Sri Lanka, mired in its worst economic crisis in 70 years, is in debt restructuring talks with a range of creditors, including China, its largest single creditor. Colombo suspended debt repayments in May 2022. Sri Lanka owed EXIM $4.1 billion, or 11% of the country's foreign currency debt, as of the end of 2022.
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