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<h1>Debt rescheduling secures bilateral agreement to extend external obligations and enable completion of sovereign restructuring for IMF support.</h1> Sri Lanka entered a bilateral agreement with France to reschedule a specified external debt stock until 2042 as part of the External Debt Restructuring Process; the rescheduling, led by France alongside other official creditors, is intended to align obligations with macroeconomic adjustment and facilitate access to an IMF-supported reform programme.