Sri Lanka welcomes G7 announcement on securing debt relief
Sri Lanka welcomes G7 announcement in securing debt relief Sri Lankan Prime Minister Prime Minister Ranil Wickremesinghe on Friday welcomed the G7 announcement that they will assist the country in securing debt relief as it is grappling with its worst economic crisis.
In this challenging time, the Group of Seven (G7) nations have announced that they will assist Sri Lanka in securing debt relief. “I welcome the G7 announcement that they will assist Sri Lanka in securing debt relief.
Meanwhile, the Government of Japan on Friday announced USD 1.5 million funding to help Sri Lanka respond to the ongoing economic crisis.
On Wednesday, Sri Lankan Prime Minister Wickremesinghe said the country had missed a payment to the Asian Development Bank, blocking fresh funds amid warnings that the currency crisis-hit country could be locked out of multilateral funding in a new blow.
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