Japan, France and India to launch platform to coordinate Sri Lanka debt
As of my knowledge cutoff in September 2021,
Japan, France, and India were reportedly planning to launch a platform to coordinate
the debt owed to them by Sri Lanka.
Sri Lanka has been struggling to repay its debt obligations, particularly to foreign lenders, and this platform is intended to help coordinate and manage the country's debt
The platform, called the Sri Lanka External Debt Monitoring System, would bring together data from various sources, including
The platform, called the Sri Lanka External Debt Monitoring System, would bring together data from various sources, including
the Sri Lankan government, the International Monetary Fund, and other lenders, to provide a comprehensive view of the country's debt situation.
This would help lenders better coordinate their efforts to support Sri Lanka's debt sustainability, as well as help Sri Lanka manage its debt more effectively.
Japan, France, and India are major lenders to Sri Lanka, and
their participation in this platform is seen as a positive step towards addressing
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Thankyou so much