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Posts tagged as “creditors”

Debt restructuring: Paris Club wants Chinese deal before final commitment

report in The Sunday Morning, Nov 5, 2023The end-October deadline for the finalisation of Sri Lanka’s debt restructuring programme by the Paris Club consortium of the country’s creditors has been further delayed, with the consortium waiting to see the framework agreement on debt treatment reached between Sri Lanka and China’s Export-Import Bank (Exim Bank), The Sunday Morning learns. Highly-placed Government sources told The Sunday Morning that the delay in the Paris Club consortium’s final proposal…