China has not done enough on Sri Lanka debt restructuring - US diplomat

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COLOMBO : The United States wants China to provide credible and specific assurances to the International Monetary Fund (IMF) along with other creditors to help Sri Lanka unlock a $2.9 billion bailout, a senior U.S. diplomat said on Wednesday.Sri Lanka entered into a staff level agreement with the global l

COLOMBO : The United States wants China to provide credible and specific assurances to the International Monetary Fund along with other creditors to help Sri Lanka unlock a $2.9 billion bailout, a senior U.S. diplomat said on Wednesday.

"We, the United States, are prepared to do our part. Our Paris Club partners are prepared to do their part. India has made strong commitments that it will provide the credible assurances the IMF is looking for."

 

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