Sri Lanka’s authorities can negotiate any proposals private creditors make, such as issuing GDP-linked bonds, a senior International Monetary Fund (IMF) official said yesterday. IMF Asia and Pacific Department Director Krishna Srinivasan made the comment at a news conference, when asked by a reporter whether issuing GDP-linked bonds was an idea the IMF would allow.
“We don’t get involved in debt restructuring efforts between creditors and debtors,” he said.
