Expected timeline for the Debt Restructuring process

Monday, 26 September 2022 03:23 - - {{hitsCtrl.values.hits}}

September – Q4 2022

Staff-Level Agreement with IMF completed
Engagement with official creditors in view of securing assurances to restore debt sustainability
Preliminary information sharing with creditors under Non-Disclosure Agreements
Follow-up technical discussions with IMF Staff, notably on the Debt Sustainability Analysis (DSA)

End Q4 2022 – Q1/Q2 2023

Pursued information sharing efforts with all creditors
Negotiations with private and official creditors on restructuring terms compliant with IMF DSA targets and comparable across the different creditor categories
Reaching agreements in principle with all creditors
Q2 2023
Finalisation of the discussions
Legal implementation of the Agreements

From debt relief to sustainability: Sri Lanka unveils roadmap

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