Sri Lanka Pushes Debt Restructuring Presentation to Mid-May
- Government had initially planned to present debt plan in April
- IMF wants quick debt deal after approving $3 billion bailout
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Sri Lanka pushed back the release of its debt restructuring plan to investors to the middle of May from this month.
The government will present a comprehensive plan for treating foreign as well as local debt, P. K. G. Harischandra, director of economic research at the central bank, said late Tuesday, without explaining the delay.