IMF Senior Mission Chief Peter Breuer has lauded the recent agreement between the Export-Import Bank of China and Sri Lanka as a significant stride in the country's debt restructuring efforts.

Breuer's positive assessment sets the stage for potential advancements, stating that the IMF stands prepared to proceed with the first program review as soon as financing assurances from all official creditors are secured.

In the backdrop of Sri Lanka's economic challenges, the agreement with the Export-Import Bank of China takes on added significance as a key component in the nation's ongoing initiatives to address debt-related concerns. The accord is anticipated to contribute substantially to Sri Lanka's broader debt management strategy, offering a foundation for sustained economic recovery.

This development underscores international cooperation's pivotal role in Sri Lanka's journey toward stabilizing its financial standing. As the nation navigates intricate economic lan