President Anura Kumara Dissanayake while extending gratitude to Sri Lanka’s external creditors, the IMF and Official Creditor Committee (OCC) for the good faith negotiations, yesterday said that the beginning of International Sovereign Bond restructuring marks an important milestone for Sri Lanka.
“Today’s official announcement of the commencement of the International Sovereign Bond restructuring with private creditors marks an important milestone for Sri Lanka,”he said.
He said that the good faith negotiations have enabled them to reach this important milestone. “With the successful achievement of Staff Level Agreement on the third review of IMF supported programme on November 22, I urge private sector creditors to participate in the debt restructuring process to provide essential relief, thereby laying the ground work for a brighter future for Sri Lanka and the people,” he said.
