Sri Lanka signs debt deal with creditor nations in Paris

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COLOMBO : Sri Lanka signed a deal on Wednesday with creditor nations to restructure about $5.9 billion in bilateral debt in a key move to further stabilise its fragile crisis-hit economy, the office of the country's president said in a statement.

FILE PHOTO: Construction sites of commercial buildings are seen as the sun sets in Colombo, Sri Lanka April 24, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSri Lanka

Topics: 2024 Lanka Experience Sites Mediacorp Commercial Construction Photo: Buildings Colombo File

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-26 @ 17:14:18 (6 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 115 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21393135

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

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Publication Timezone: GMT +8:00

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Publisher ID: #27

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