US assures assistance in Sri Lanka’s debt restructuring process

May 3, 2024 12:03 pm

The United States has once again assured their fullest support to Sri Lanka in the debt restructuring process, State Minister of Finance Shehan Semasinghe said.

Posting on ‘X’ (formerly Twitter), Semasinghe said that he had a productive bilateral engagement with Mr. Robert Kaproth, Deputy Assistant Secretary of the US Treasury during the ADB (Asian Development Bank) annual meeting in Tbilisi, Georgia.

During the bilateral discussion, the progress achieved in the debt restructuring process was discussed at length, he added.

Meanwhile, Mr. Kaproth has further pointed out the importance of continuing with the reforms that will enable a stable economy and avoid any future crisis.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.