Sri Lanka participates in Global Sovereign Debt Roundtable
Sri Lanka, April 19 -- Sri Lanka has participated in the Global Sovereign Debt Roundtable (GSDR) in Washington DC, which brings together debtor countries and creditors, in a bid to build a greater common understanding among key stakeholders on debt sustainability, debt restructuring challenges and ways to address them.
Finance State Minister Shehan Semasinghe and Central Bank Governor Dr. Nandalal Weerasinghe attended the roundtable, an initiative led by the International Monetary Fund (IMF), the World Bank and G20 countries.
The participants have reviewed progress on the work to improve debt restructuring processes and timelines, and to help address debt vulnerabilities. They also discussed priority areas for the work going forward.
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