US for equitable treatment for all creditors in debt restructuring

The United States reiterated the need for equal and equitable treatment for all creditors in debt restructuring. US Ambassador in Colombo Julie Chung at a meeting with Central Bank Governor Dr.Nandalal Weerasinghe reinforced the need for fairness in the debt restructuring process.

“I reinforced the need for fairness in Sri Lanka’s debt restructuring and equal and equitable treatment for all creditors is essential,” she said. The US envoy also extended congratulations on the IMF’s staff-level agreement, marking progress in Sri Lanka’s effort to secure the second IMF installment.

She added that transparency from every party involved is crucial. “The United States remains committed to an economic landscape that values fairness, transparency, integrity and inclusivity, ensuring stability and growth in Sri Lanka,” the Ambassador said.

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