The Government of the Republic of the Maldives and the Government of France signed an agreement on the G-20 Debt Service Suspension Initiative (DSSI), to temporarily suspend debt-service payments owed to bilateral creditors.
On behalf of the Government of the Republic of Maldives, the agreement was signed by His Excellency Omar Abdul Razzak, High Commissioner of the Republic of Maldives to the Democratic Socialist Republic of Sri Lanka. On behalf of the Government of France, the agreement was signed by the Ambassador of France to the Republic of Maldives, His Excellency Eric Lavertu.
The agreement signed will contribute directly to the Maldives’ ongoing economic recovery efforts, and will improve debt transparency and debt management amidst the present economic challenges.
The Signing Ceremony which was held at the Embassy of France in Sri Lanka today was attended by senior officials from the High Commission of Maldives and the Embassy of France.
On behalf of the Government of the Republic of Maldives, the agreement was signed by His Excellency Omar Abdul Razzak, High Commissioner of the Republic of Maldives to the Democratic Socialist Republic of Sri Lanka. On behalf of the Government of France, the agreement was signed by the Ambassador of France to the Republic of Maldives, His Excellency Eric Lavertu.
The agreement signed will contribute directly to the Maldives’ ongoing economic recovery efforts, and will improve debt transparency and debt management amidst the present economic challenges.
Distinctively honored by amicable meeting with Ambassador of France HE Eric Lavertu @lavertu_eric to sign for #Maldives #G20 Debt Service Suspension Initiative with French govt. Deeply appreciate international partners assisting to overtake hindrances of pandemic @FranceinColombo pic.twitter.com/YDlBEg1Zoe
— OMAR (@OmarARazak) December 31, 2020
The Signing Ceremony which was held at the Embassy of France in Sri Lanka today was attended by senior officials from the High Commission of Maldives and the Embassy of France.