Sri Lanka to begin talks with IMF to take forward $2.9 bln bailout
World
Sri Lanka to begin talks with IMF to take forward $2.9 bln bailout
COLOMBO (Reuters) - Sri Lanka's new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations with the International Monetary Fund (IMF) immediately to take forward the country's $2.9 billion bailout programme.
"Additionally, to advance our debt restructuring program, we are negotiating with relevant creditors to expedite the process and secure necessary debt relief," Dissanayake said in a televised address.