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Reuters
Reuters
Business
By Uditha Jayasinghe

Sri Lanka to start next round of talks with creditors in April

A group of supporters of President Ranil Wickremesinghe celebrates while he addresses the nation, after the International Monetary Fund's executive board approved a $3 billion loan, in outskirts of Colombo, Sri Lanka March 21, 2023. REUTERS/Dinuka Liyanawatte

Sri Lanka will kick off the next round of talks with creditors in the third week of April, President Ranil Wickremesinghe said on Wednesday, adding that the debt-stricken nation has started to receive funds from the International Monetary Fund.

The IMF has released the first tranche of about $330 million, part of a nearly $3 billion bailout approved by it on Monday, Wickremesinghe told parliament.

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