Sri Lanka says debt-restructuring talks making progress Debt-stricken Sri Lanka’s Central Bank chief says the country is making good progress in talks with its creditors to obtain financial assurances for debt restructuring, an important step toward finalizing an International Monetary Fund rescue plan
India commits to help Sri Lanka on debt in prospective IMF program
India has committed to help ease the debt burden of its crisis-stricken neighbor Sri Lanka as part of a possible International Monetary Fund-supported program, the IMF said on Monday.
Is debt cancellation the way forward for Sri Lanka?
As 182 economists from around the world issued a call to cancel Sri Lanka’s debt, not all experts agree.
Sri Lanka expects financing assurances from China for IMF deal within days
Sri Lanka expects to get China's backing for its debt restructuring plan within days to help unlock a $2.9 billion loan from the International Monetary Fund, a government official said on Friday, as India pledged further support to its crisis-stricken sou
India to ‘encourage greater investments’ in crisis-hit Sri Lanka
Sri Lanka’s worst-ever economic crisis is seeing a shortage of foreign currency, runaway inflation and steep recession.
India foreign minister visits Sri Lanka with stronger ties, China in focus
India's foreign minister arrives in Colombo on Thursday following his country's backing of Sri Lanka for a $2.9 billion International Monetary Fund (IMF) loan, leaving China as the island's last remaining major creditor which has yet to agree to the debt
India tells IMF it backs Sri Lanka's debt restructuring plan - source
India has informed the International Monetary Fund (IMF) it will support Sri Lanka's debt restructuring plan, a source with direct knowledge of the matter said, as the island nation races to secure a $2.9 billion bailout from the global lender.
Hedge funds holding up vital debt relief for crisis-hit Sri Lanka, warn economists
Statement from 182 experts say only debt cancellation offers chance of recovery but investors are playing hardball