Sri Lanka Crisis | Creditor Nations Agree on Debt Restructuring of the Island Nation | Oneindia News

By : Oneindia

Published On: 2023-11-29

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02:07

Sri Lanka anticipates significant relief from its economic turmoil. Reports indicate a pending debt-restructuring agreement with creditor nations, pivotal amid the country's $36.6 billion external debt. Pending IMF approval may secure up to $900 million in funding, but bondholder negotiations remain crucial.

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