The objective of the Global Sovereign Debt Roundtable is to build greater common understanding among key stakeholders involved in debt restructurings

It has reviewed progress in reaching common understanding on ways to address key impediments to efficient debt restructuring, on Thursday (12).

The IMF said that the GSDR discussed the priority areas for the work going forward.

According to the GSDR Co-chairs Progress Report released at the end of the meeting, significant progress has also been made in actual debt restructuring cases, including Sri Lanka.

However, the time period taken for the programs is still beyond the 2-3 months that were observed in the past.