Sri Lanka achieves $8 billion relief through debt restructuring
The Daily Guardian|July 06, 2024
President Ranil Wickremesinghe on Friday said Sri Lanka saved USD 8 billion over the past two years due to "effective economic management" and emphasised that the nation is now recovering from economic turmoil due to debt restructuring.
Sri Lanka achieves $8 billion relief through debt restructuring

Sri Lanka finalised debt restructuring agreements with bilateral lenders, including India and China, in Paris on June 26. Earlier on June 12, the International Monetary Fund (IMF) disbursed the third tranche of USD 336 million from its USD 2.9 billion bailout package to Sri Lanka.

This story is from the July 06, 2024 edition of The Daily Guardian.

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This story is from the July 06, 2024 edition of The Daily Guardian.

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