Sri Lanka

According to data released by Sri Lanka’s statistics department, GDP fell 8.4% in the three months to June from the previous year, and industrial production contracted 10% while the agricultural sector declined 8.4% during the same period. Meanwhile, Sri Lanka is preparing for talks with India, Japan, and China on restructuring nearly $13 bln worth of debt, and the finance ministry will hold a virtual presentation on 23 September to present its debt restructuring strategy for external creditors.