Some Sri Lanka creditors seeking debt restructuring deal without China - Bloomberg News citing sources


Reuters | Updated: 27-09-2023 15:00 IST | Created: 27-09-2023 13:53 IST
Some Sri Lanka creditors seeking debt restructuring deal without China - Bloomberg News citing sources
Representative Image Image Credit: ANI
  • Country:
  • Sri Lanka

Some members on the committee of Sri Lanka's official creditors are pushing to reach a deal to restructure the nation's debt without the participation of China, Bloomberg News reported on Wednesday citing people familiar with the matter.

The members want the group of major creditors, including the U.S., Japan and India, to sign a memorandum of understanding with Sri Lanka around the time of the International Monetary Fund and World Bank meetings scheduled for next month in Morocco, the report added.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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