Sri Lanka met with bondholders, aims to exit default as soon as possible, central bank governor says

Sri Lanka’s central bank governor met with bondholders in Washington to discuss a debt exchange, aiming to exit default quickly. Citibank will manage the consent solicitation process for the restructuring of $12.5 billion in bonds. The IMF review is delayed due to the November 14 election, but economic growth of around 3% is expected by 2025.