Delay in China’s positive response delays IMF bailout: Wijeyadasa
The delay in China’s positive response in restructuring Sri Lanka’s debt has been the only obstacle in securing the International Monetary Fund (IMF) bailout at the moment, Justice Minister Wijeyadasa Rajapakshe said.
Indian External Affairs Minister S. Jaishankar said today that India has extended financing assurances to the IMF to clear the way for Sri Lanka to move forward because India felt strongly that Sri Lanka’s creditors must take proactive steps to facilitate its recovery.
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