18 July, 2023
The US Treasury Secretary Janet L.Yellen on Sunday said she hoped that Sri Lanka’s debt treatments will be finalized quickly so that the IMF can move forward with
their first programme reviews by this fall. Yellen was addressing a news conference during a G20 Finance Ministers’ and Central Bank Governors’ meeting in Gandhinagar, India.
“I believe that the publication of a user guide for borrower countries can provide necessary clarity and predictability about the debt treatment process.This includes elucidating the principles that all stakeholders agree to adhere to in debt restructuring cases,” she added.
She said US was looking forward to working with counterparts to support macroeconomic stability and growth around the world.