The International Monetary Fund (IMF) is currently evaluating Sri Lanka’s recent debt restructuring deal with bondholders, according to Julie Kozack, Director of the Communications Department at the IMF.
The IMF highlighted that their team is assessing whether the agreed terms align with the parameters set forth in their program for Sri Lanka. This assessment will determine the IMF’s official stance on the agreement.
“We’re still, our team has — is in the process of assessing the agreed terms of the debt restructuring and whether they’re consistent with the parameters of our program,” she said. “So once that assessment is complete, we’ll be able to communicate our views on that.”
The spokesperson acknowledged the importance of this step for Sri Lanka, which has been grappling with a severe economic crisis.