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Japan, France and India to launch platform to coordinate Sri Lanka debt

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 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 

Sri Lanka's debt challenges. The platform is expected to be launched in the coming months, and its success will depend on the cooperation and participation of all stakeholders involved.

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