Japan coordinating Lanka's debt restructuring plan | Page 2 | Sunday Observer

Japan coordinating Lanka's debt restructuring plan

26 January, 2023

Japanese Vice Finance Minister for International Affairs, Masato Kanda, has assured that Japan is closely coordinating with international organizations, such as the Paris Club and the International Monetary Fund (IMF) to ensure the participation of non-Paris Club members in Sri Lanka’s debt restructuring plan.

Kanda stated that Japan was working hard to help Sri Lanka, which is suffering its deepest economic crisis in 70 years, by coordinating with the Paris Club of creditor nations and the IMF to ensure the participation of non-members, including China and India, in efforts to restructure the country's debt.


 

 

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