US welcomes Sri Lanka’s Debt Restructuring agreement

The United States Ambassador to Sri Lanka, Julie J. Chung, has expressed support for the final agreement on debt restructuring between Sri Lanka and its creditor nations. 

The agreement was reached today on the sidelines of the Paris Forum 2024.

In a tweet, Ambassador Chung stated, "We welcome the news of a final agreement on debt restructuring between Sri Lanka and creditor nations, reached today on the sidelines of the Paris Forum 2024. This is a positive step forward in Sri Lanka’s economic recovery and resilience, helping build more confidence in Sri Lanka’s fiscal environment."

She emphasized the importance of continued reforms, encouraging Sri Lanka to adopt transparent and sustainable changes. "The U.S. encourages Sri Lanka to continue the reform process, adopting transparent and sustainable changes that foster long-term prosperity and growth," Chung added.