Breaking News: Will present debt restructuring programme to IMF by Aug: Sri Lanka PM #shorts #news

Breaking News: Will present debt restructuring programme to IMF by Aug: Sri Lanka PM #shorts #news

Amid ongoing economic crisis, Sri Lankan PM Ranil Wickremesinghe told the parliament on Tuesday that the country will present a debt restructuring programme to the International Monetary Fund (IMF) by August to seek a bailout package. He added that negotiating with IMF is more challenging than earlier due to the nation's bankruptcy. Sri Lanka's total foreign debt is $51 billion.

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