India pledges 'strong support' for Sri Lanka's debt restructuring plan

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"We hereby confirm our strong support for Sri Lanka's prospective (loan) program and commit to supporting Sri Lanka with financing/debt relief consistent with restoring Sri Lanka's public debt sustainability ..." Indian finance ministry official Rajat Kumar Mishra wrote to the IMF chief in a letter dated Jan. 16

Devjyot Ghoshal, Reuters News

January 18, 2023

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COLOMBO - India has told the International Monetary Fund that it strongly supports Sri Lanka's debt restructuring plan as the island nation seeks a $2.9 billion loan from the global agency, according to a letter seen by Reuters.

(Reporting by Devjyot Ghoshal and Uditha Jayasinghe, writing by Tanvi Mehta; Editing by Krishna N. Das)

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