JAPAN AIMS TO ARRANGE A CREDITORS' MEETING ON SRI LANKA'S FINANCIAL PROBLEM

 According to the report it states People with the knowledge of planning said that Japan is planning to set up a Conference meeting with the Japan Creditors in the hope that they will be able to resolve the problem of country’s debt issue.

According to the sources it stated that Tokyo is willing is to host a talk between Creditors countries so that they can help Colombo to resolve its debt crisis since independence, but its not sure that major creditor country China will be participating or not and even uncertainty surrounding Sri Lanka’s Financial Situation.

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According to this source, Japan is willing to preside over a conference with China to resolve Sri Lanka's debt, which is expected to total $6.2 billion in bilateral payments by the end of the year.

As per the Reuters they stated that the main creditor countries will be invited to talk on bilateral debt restructuring, Sri Lanka's president Ranil Wickremesinghe

Tokyo, the region's second-largest creditor, has an interest in investing in Sri Lanka not only to recoup its $3 billion in loans but also for political reasons to restrain China's expanding influence.

According to the sources its stated that Japan is eagerly waiting to move this ahead but according to japan they alone cannot raise their hands its very important for other creditor country to move ahead with this.

According to the report it states People with the knowledge of planning said that Japan is planning to set up a Conference meeting with the Japan Creditors in the hope that they will be able to resolve the problem of country’s debt issue.

According to the sources it stated that Tokyo is willing is to host a talk between Creditors countries so that they can help Colombo to resolve its debt crisis since independence, but its not sure that major creditor country China will be participating or not and even uncertainty surrounding Sri Lanka’s Financial Situation.

According to this source, Japan is willing to preside over a conference with China to resolve Sri Lanka's debt, which is expected to total $6.2 billion in bilateral payments by the end of the year.

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