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IMF: Sri Lanka’s talks with creditors ongoing, unaware of specific deals

The International Monetary Fund says that it has not yet been informed about any specific agreements that have been reached with Sri Lanka by creditor nations.

His comment was in response to the query raised to IMF spokesperson with regard to the reports that suggested that China had reached a tentative agreement with Sri Lanka.

Peter Breuer, Senior Mission Chief for Sri Lanka in a statement said, “We know discussions between Sri Lanka and all its creditors have been ongoing. We have not yet been informed about any specific agreements. We will need to assess the entire package of agreements in its totality to assess consistency with IMF debt targets”

The Export-Import Bank of China recently came to a preliminary agreement with Sri Lanka to address China-related debts, reported international media on Tuesday (11).

The announcement was made during a routine press meeting in Beijing, responding to queries about the aid Beijing is extending to Colombo.

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