Paris Club members express commitment to negotiate debt restructuring with Sri Lanka

The Paris Club members have expressed their commitment to negotiate a debt restructuring with Sri Lanka in accordance with the comparability of treatment principle and with the goal of restoring debt sustainability, the President's Media Division (PMD) said today.

PMD said in a statement that Saudi Arabia and India also expressed their support and commitment to providing financing assurances. The Paris Club members urged other official bilateral creditors, including China, to do the same in line with IMF program parameters.