Lanka gets mentioned in the dispatches by G-7

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By Ameen Izzadeen  

Sri Lanka’s debt crisis figured in G7 summit’s final communique, with leaders of the world’s advanced liberal economies welcoming the launch of the Sri Lanka-specific creditors’ meeting under the three co-chairs — France, India and Japan.

“Debt vulnerabilities in middle income countries (MICs) should be addressed by multilateral coordination. In this respect, we welcome the launch of the creditors’ meeting for Sri Lanka under the three co-chairs, France, India, and Japan, and look forward to a swift resolution as a successful model for future multilateral efforts to address MICs’ debt issues,” the communique said.

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