State Finance Minister Shehan Semasinghe yesterday announced that the final agreement has been reached on debt restructuring between Sri Lanka and the Official Creditor Committee on the sidelines of the Paris Forum 2024 in Paris.
He added that agreement has been reached on debt treatment between Sri Lanka and Export Import Bank of China too.
“We are pleased to announce that the final agreement has been reached on debt restructuring between Sri Lanka and the Official Creditor Committee on the sidelines of the Paris Forum 2024 in Paris, France. We are also pleased that the final agreement has been reached on debt treatment between Sri Lanka and Export Import Bank of China and formalities for signing of the implementing agreements is underway,” the State Minister said.
He also thanked the OCC chairs – France, India, and Japan – as well as Export Import Bank of China for their leadership in this process, as well as all OCC members for their unwavering support.
“I also commend the OCC Secretariat for their dedication to finding a resolution to our debt crisis and achieve this significant milestone, which will enhance confidence in our economy and foster growth. I reiterate that the unwavering commitment and leadership of President Ranil Wickremesinghe have been instrumental in steering our nation towards this milestone achievement,” he said.
