KONTAN.CO.ID - COLOMBO. Sri Lanka said it held a productive meeting with its bilateral creditors, which include India and China, on Thursday as the country looks to restructure its debt and carve a path out of its worst financial crisis in decades. Sri Lanka has been gripped by a deep financial crisis this year caused by record-low foreign exchange reserves that has left the island of 22 million people struggling to pay for essential imports including fuel, food, cooking gas and medicine. The online meeting was chaired by Sri Lanka's Treasury Secretary Mahinda Siriwardana and Central Bank Governor Nandalal Weerasinghe, according to a statement released by the president's office.
Sri Lanka Holds Debt Restructuring Talks With Bilateral Creditors
KONTAN.CO.ID - COLOMBO. Sri Lanka said it held a productive meeting with its bilateral creditors, which include India and China, on Thursday as the country looks to restructure its debt and carve a path out of its worst financial crisis in decades. Sri Lanka has been gripped by a deep financial crisis this year caused by record-low foreign exchange reserves that has left the island of 22 million people struggling to pay for essential imports including fuel, food, cooking gas and medicine. The online meeting was chaired by Sri Lanka's Treasury Secretary Mahinda Siriwardana and Central Bank Governor Nandalal Weerasinghe, according to a statement released by the president's office.