Sri Lanka's creditors demand deal details; Fitch downgrades Maldives, warns of default
Colombo (AFP) June 27, 2024
Sri Lanka's bilateral lenders who agreed to restructure close to $6 billion in loans have demanded "comparability of treatment" with other creditors, including China. The Official Creditor Committee (OCC), led by Japan, France and India, have requested details of Colombo's other debt deals, a statement seen by AFP on Thursday read. The grouping agreed in Paris on Wednesday to restructure
Sri Lanka's bilateral lenders who agreed to restructure close to $6 billion in loans have demanded "comparability of treatment" with other creditors, including China. The Official Creditor Committee (OCC), led by Japan, France and India, have requested details of Colombo's other debt deals, a statement seen by AFP on Thursday read. The grouping agreed in Paris on Wednesday to restructure