{"id":99526,"date":"2023-04-06T16:19:00","date_gmt":"2023-04-06T10:49:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=99526"},"modified":"2023-04-06T16:16:48","modified_gmt":"2023-04-06T10:46:48","slug":"lanka-debt-imf-weerasinghe","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/","title":{"rendered":"Sri Lanka confident of inking debt deal with creditors before IMF first review: Central Bank Gov Weerasinghe"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-420768546\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Sri Lanka&#8217;s Central Bank Governor Nandalal Weerasinghe has expressed confidence that the crisis-struck country could finalise debt restructuring negotiations with bilateral and commercial creditors before the first review of the IMF, a media report said on Thursday.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2611564793\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Sri Lanka received USD 333 million dollars, the first tranche of the USD 3 billion International Monetary Fund (IMF) bailout programme last month to overcome its economic crisis and catalyse financial support from other development partners.<\/p><p>Weerasinghe expressed confidence while responding to a question about the Central Bank of Sri Lanka&#8217;s views on a recent statement made by President Ranil Wickremesinghe to the effect of concluding the debt restructuring negotiations when the first IMF review comes up in six months, the Daily Mirror newspaper reported.<\/p><p>\u201cWe will finalise the debt restructuring before the next IMF review,\u201d the Central Bank governor was quoted as saying in the report.<\/p><div class=\"trade-content_5\" id=\"trade-3056944825\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Weerasinghe and Treasury Secretary Mahinda Siriwardana kicked off the formal debt restructuring process last week by making an investor presentation. According to the report, they asserted that any Domestic Debt Restructuring (DDR) should not threaten the stability of the country\u2019s banking system.<\/p><p>The Central Bank governor said that no restructuring would occur for the Treasury bills belonging to others outside of what the Central Bank holds, adding that the bonds could be restructured if the holder requests to do so, the report said.<\/p><p>Sri Lanka has been struck by a catastrophic economic and humanitarian crisis sparked by years of mismanagement and the raging pandemic.<\/p><p>The IMF bailout, the 17th in Sri Lanka\u2019s history, was approved following prolonged discussions held up over Colombo&#8217;s unsustainable debt.<\/p><p>India has extended lines of credit worth over USD 4 billion to Sri Lanka in diverse sectors, including the supply of essential items, petroleum, fertilisers, development of railways, infrastructure, defence sector and renewable energy, according to the Indian High Commission here.<\/p><p>The Indian Oil Company\u2019s local operation also kept fuel supplies going in the face of miles-long queues forming at retail fuel stations mid-last year, as the state ran dry of forex to import petroleum. PTI GRS GRS<\/p><div class=\"trade-content-10\" id=\"trade-962073813\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-3126492516\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Sri Lanka&#8217;s Central Bank Governor Nandalal Weerasinghe has expressed confidence that the crisis-struck country could finalise debt restructuring negotiations with bilateral and commercial creditors before the first review of the IMF, a media report said on Thursday. Sri Lanka received USD 333 million dollars, the first tranche of the USD 3 billion International Monetary Fund [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":41591,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1697,31],"tags":[],"class_list":["post-99526","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sri Lanka confident of inking debt deal with creditors before IMF first review: Central Bank Gov Weerasinghe - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Sri Lanka&#039;s Central Bank Governor Nandalal Weerasinghe has expressed confidence that the crisis-struck country could finalise debt restructuring negotiations with bilateral and commercial creditors before the first review of the IMF, a media report said on Thursday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sri Lanka confident of inking debt deal with creditors before IMF first review: Central Bank Gov Weerasinghe\" \/>\n<meta property=\"og:description\" content=\"Sri Lanka&#039;s Central Bank Governor Nandalal Weerasinghe has expressed confidence that the crisis-struck country could finalise debt restructuring negotiations with bilateral and commercial creditors before the first review of the IMF, a media report said on Thursday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-06T10:49:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/IMF-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"PTI News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/IMF-Cover-Image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"PTI News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/\",\"url\":\"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/\",\"name\":\"Sri Lanka confident of inking debt deal with creditors before IMF first review: Central Bank Gov Weerasinghe - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/IMF-Cover-Image.jpg\",\"datePublished\":\"2023-04-06T10:49:00+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/432b854fc143da831dae702afe00a7d3\"},\"description\":\"Sri Lanka's Central Bank Governor Nandalal Weerasinghe has expressed confidence that the crisis-struck country could finalise debt restructuring negotiations with bilateral and commercial creditors before the first review of the IMF, a media report said on Thursday.\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/IMF-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/IMF-Cover-Image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sri Lanka confident of inking debt deal with creditors before IMF first review: Central Bank Gov Weerasinghe\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/432b854fc143da831dae702afe00a7d3\",\"name\":\"PTI News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/33d290530d88025709a22a0e9cea1a42ff2e6013ca877b91a86e7ca950cdd59e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/33d290530d88025709a22a0e9cea1a42ff2e6013ca877b91a86e7ca950cdd59e?s=96&d=mm&r=g\",\"caption\":\"PTI News\"},\"url\":\"https:\/\/tradebrains.in\/features\/author\/ptinews\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Sri Lanka confident of inking debt deal with creditors before IMF first review: Central Bank Gov Weerasinghe - Trade Brains Features","description":"Sri Lanka's Central Bank Governor Nandalal Weerasinghe has expressed confidence that the crisis-struck country could finalise debt restructuring negotiations with bilateral and commercial creditors before the first review of the IMF, a media report said on Thursday.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/","og_locale":"en_US","og_type":"article","og_title":"Sri Lanka confident of inking debt deal with creditors before IMF first review: Central Bank Gov Weerasinghe","og_description":"Sri Lanka's Central Bank Governor Nandalal Weerasinghe has expressed confidence that the crisis-struck country could finalise debt restructuring negotiations with bilateral and commercial creditors before the first review of the IMF, a media report said on Thursday.","og_url":"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-04-06T10:49:00+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/IMF-Cover-Image.jpg","type":"image\/jpeg"}],"author":"PTI News","twitter_card":"summary_large_image","twitter_image":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/IMF-Cover-Image.jpg","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"PTI News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/","url":"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/","name":"Sri Lanka confident of inking debt deal with creditors before IMF first review: Central Bank Gov Weerasinghe - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/IMF-Cover-Image.jpg","datePublished":"2023-04-06T10:49:00+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/432b854fc143da831dae702afe00a7d3"},"description":"Sri Lanka's Central Bank Governor Nandalal Weerasinghe has expressed confidence that the crisis-struck country could finalise debt restructuring negotiations with bilateral and commercial creditors before the first review of the IMF, a media report said on Thursday.","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/IMF-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/IMF-Cover-Image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/lanka-debt-imf-weerasinghe\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Sri Lanka confident of inking debt deal with creditors before IMF first review: Central Bank Gov Weerasinghe"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/432b854fc143da831dae702afe00a7d3","name":"PTI News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/33d290530d88025709a22a0e9cea1a42ff2e6013ca877b91a86e7ca950cdd59e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/33d290530d88025709a22a0e9cea1a42ff2e6013ca877b91a86e7ca950cdd59e?s=96&d=mm&r=g","caption":"PTI News"},"url":"https:\/\/tradebrains.in\/features\/author\/ptinews\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/99526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=99526"}],"version-history":[{"count":2,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/99526\/revisions"}],"predecessor-version":[{"id":99539,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/99526\/revisions\/99539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/41591"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=99526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=99526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=99526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}