S.Lanka informed of debt deal with creditor nations - government source


Reuters | Colombo | Updated: 29-11-2023 10:17 IST | Created: 29-11-2023 10:15 IST
S.Lanka informed of debt deal with creditor nations - government source
Representative Image Image Credit: ANI
  • Country:
  • Sri Lanka

Sri Lanka has been informed a debt-restructuring agreement with creditor nations has been reached but is yet to receive a letter of confirmation from the official creditor committee about the deal, a government source told Reuters on Wednesday.

The agreement with the group of creditor nations comes about a month after the heavily indebted island nation reached a deal with the Export-Import Bank of China covering about $4.2 billion of outstanding debt.

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

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