International creditors should provide debt relief to Sri Lanka to alleviate suffering as its people endure hunger, worsening poverty and shortages of basic supplies, Amnesty International said in a statement Wednesday.
For months, Sri Lanka has been in the grip of a dire economic crisis and the country has defaulted on its foreign loans. The government is in talks with its creditors on restructuring its more than $51 billion total foreign debt. A preliminary agreement with the International Monetary Fund for a $2.9 billion relief package hinges on other creditors giving assurances on loan restructuring.
