Paris Club provides financing assurances to support IMF's EFF for Sri Lanka

PARIS : Paris Club Creditors have agreed to provide financing assurances to support the International Monetary Fund's approval of an extended fund facility (EFF) for Sri Lanka, the Paris Club said on Tuesday.

Paris Club members as well as Hungary, Saudi Arabia and India continue to look forward to working together along with all bilateral creditors and to engage with with other key stakeholders to proceed with a comparable debt restructuring as soon as possible, the statement added.