{"id":128545,"date":"2022-09-15T15:02:37","date_gmt":"2022-09-15T22:02:37","guid":{"rendered":"https:\/\/www.lankaweb.com\/news\/items\/?p=128545"},"modified":"2022-09-15T15:02:37","modified_gmt":"2022-09-15T22:02:37","slug":"imf-chief-hopes-to-see-sri-lankas-public-creditors-quickly-engaged","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2022\/09\/15\/imf-chief-hopes-to-see-sri-lankas-public-creditors-quickly-engaged\/","title":{"rendered":"IMF chief hopes to see Sri Lanka\u2019s public creditors quickly engaged"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy Adaderana<\/em><\/span><\/h2>\n\n\n<p>China and other big creditors have a responsibility to prevent the debt problems facing emerging market and low-income countries from exploding, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said.<\/p>\n\n\n\n<p>Georgieva, speaking at an event hosted by the Center for Global Development, said 25% of emerging market and 60% of low-income countries were in or near debt distress.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"IMF chief hopes to see Sri Lanka\u2019s public creditors quickly engaged (English)\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/crHGFj2qlY0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>My message to the large creditors, to China, the private sectors is that the larger your share is, the bigger your responsibility,\u201d she said. It is in your interest as creditors to prevent a problem from exploding.\u201d<\/p>\n\n\n\n<p>Specifically, Georgieva said she hopes to see Sri Lanka\u2019s public creditors quickly engaged and then bringing private creditors on board for debt negotiations.<\/p>\n\n\n\n<p>Earlier on Tuesday the Sri Lankan government said financial advisory group Lazard started talks with India, China and Japan on restructuring Sri Lanka\u2019s debt.<\/p>\n\n\n\n<p><strong>Source: Reuters<\/strong><\/p>\n\n\n\n<p><em>&#8211;Agencies<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy Adaderana China and other big creditors have a responsibility to prevent the debt problems facing emerging market and low-income countries from exploding, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said. Georgieva, speaking at an event hosted by the Center for Global Development, said 25% of emerging market and 60% of low-income countries were [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[193],"tags":[],"class_list":["post-128545","post","type-post","status-publish","format-standard","hentry","category-imf-bailout-package"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/128545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=128545"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/128545\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=128545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=128545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=128545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}