Sri Lanka to share next steps with commercial creditors on March 30

Kitco Media
By Reuters
Published:
Updated:
Reuters
NEW DELHI, March 24 (Reuters) - Sri Lankan authorities will run a presentation on March 30 for its commercial creditors and investors on the next steps it plans to take after the International Monetary Fund this week approved a loan of about $3 billion for the country. "Moving onto the next phase, we remain committed to progressing engagement with all our creditors to achieve an efficient, transparent, and equitable implementation of the debt treatment required to restore debt sustainability," secretary to the Treasury, K.M. Mahinda Siriwardana, said in a statement on Friday. (Reporting by Uditha Jayasinghe, writing by Sakshi Dayal; Editing by Krishna N. Das)

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