SL Debt: Collaboration among creditors is important, says India

Indian Finance minister Nirmala Sitharaman attended a high-level meeting on Sri Lankan debt issues and expressed India's commitment to support Colombo in dealing with its current economic crisis.

She emphasised that a collaboration among creditors is important to ensure transparency and equality in treatment of all creditors in the debt restructuring discussions.

The high-level meeting took place on the sidelines of the International Monetary Fund (IMF)- World Bank (WB) Spring Meetings here on Thursday (13).

The purpose of the event was to demonstrate the multilateral cooperation regarding the debt restructuring process among the creditors, together with Sri Lanka, it said.