Sri Lanka to hire global law firm to aid debt restructuring: Official

Reuters

22 March, 2022, 11:50 am

Last modified: 22 March, 2022, 11:51 am

Sri Lanka to hire global law firm to aid debt restructuring: Official

Reuters

22 March, 2022, 11:50 am

Last modified: 22 March, 2022, 11:51 am

File photo: Sri lanka flag/ Reuters

File photo: Sri lanka flag/ Reuters

Sri Lanka will hire a global law firm to give technical assistance on debt restructuring as it prepares to seek help from the International Monetary Fund (IMF), a top official said on Tuesday.

Sri Lanka's cabinet made the decision on Monday, spokesman Ramesh Pathirana told reporters.

Sri Lanka will be starting official talks with the IMF in mid-April.

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