Sri Lanka to discuss settling ACU, India emergency credits separately: CB Governor

Sri Lanka will discuss the repayment of emergency credits from India separately from other defaulted debt, Central Bank Governor Nandalal Weerasinghe said.

The Asian Clearing Union and other Indian credits from India given in 2022 have been excluded from the perimeter for debt re-structuring process, he said.

Central banks swaps from “and any short term emergency facilities from anywhere and anything that was disbursed after the debt suspension” in April 2022 are also excluded.

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