India pledges 'strong support' for Sri Lanka's debt restructuring planIndian finance ministry official Rajat Kumar Mishra confirmed New Delhi's support for the plan in a letter to the IMF
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Sri Lanka is seeking a $2.9 billion loan from the IMF. Credit: AFP File Photo
India has told the International Monetary Fund (IMF) that it strongly supports Sri Lanka's debt restructuring plan as the island nation seeks a $2.9 billion loan from the global agency, according to a letter seen by Reuters.
"We hereby confirm our strong support for Sri Lanka's prospective (loan) program and commit to supporting Sri Lanka with financing/debt relief consistent with restoring Sri Lanka's public debt sustainability ..." Indian finance ministry official Rajat Kumar Mishra wrote to the IMF chief in a letter dated Jan. 16.