INSUBCONTINENT EXCLUSIVE:
reiterated its willingness to coordinate with non-Paris Club official bilateral creditors to provide the necessary financing assurances in a
Staff-Level Agreement (SLA) concluded between Sri Lankan Authorities and IMF staff for a 48-month arrangement under the Extended-Fund
for the need for a debt treatment in the context of the IMF program, the Paris club said it is ready to start the debt treatment process and
reiterated its willingness to coordinate with non-Paris Club official bilateral creditors to provide the necessary financing assurances in a
timely manner and ensure fair burden sharing, as already proposed to the largest other official bilateral creditors.The statement also
further discuss the next steps of the debt treatment process.
This article first appeared/also appeared in https://adaderana.lk
