Sri Lanka says signed $930.8 mln debt restructuring deal with Indian EXIM Bank

Sri Lanka says signed $930.8 mln debt restructuring deal with Indian EXIM Bank

Sri Lanka and India formalise key debt restructuring agreements amid economic recovery push - LNW Lanka News Web

May 15, Colombo (LNW): Sri Lanka has formalised a series of critical agreements with India’s Export-Import Bank (EXIM Bank), marking a major advancement in its ongoing external debt restructuring efforts. The bilateral arrangements, signed in late March and early April 2025, are aimed at recalibrating the country’s debt obligations in a more sustainable and manageable framework. The agreements pertain specifically to existing Lines of Credit and…

Sri Lanka and India sign key agreements on restructuring external debt

The Government of Sri Lanka has signed important bilateral amendatory agreements with the Export-Import Bank (EXIM) of India as part of the country’s ongoing External Debt Restructuring Process. In a statement issued by the Ministry of Finance, Planning and Economic Development, the agreements cover Lines of Credit and Buyer’s Credit Loan Agreements. The ministry said this marks a major step forward in Sri Lanka’s efforts to manage and restructu…