China has not done enough on Sri Lanka debt restructuring - U.S. diplomat

FILE PHOTO: U.S. State Department Under Secretary for Public Affairs Victoria Nuland speaks during a briefing at the State Department in Washington, U.S., January 27, 2022. Susan Walsh/Pool via REUTERS

The United States wants China to provide credible and specific assurances to the International Monetary Fund (IMF) along with other creditors to help Sri Lanka unlock a $2.9 billion bailout, a senior U.S. diplomat said on Wednesday.

Sri Lanka entered into a staff level agreement with the global lender last September but needs financing assurances from key bilateral lenders China and Japan before disbursements can begin.