Tuesday, October 3, 2023

China keeps Sri Lanka in debt grip, stalling IMF $3 billion bailout

Sri Lanka and The Danger from China's Debt Traps | JAPAN Forward China keeps Sri Lanka in debt grip, stalling IMF $3 billion bailout



COLOMBO -- Sri Lanka's failure to secure a concrete debt relief framework from China is likely blocking access to desperately needed cash under a $3 billion bailout from the International Monetary Fund, and raises the stakes for Sri Lankan President Ranil Wickremesinghe's upcoming visit to China.

The Trap: China's debt restructuring and strategic manipulation in Sri Lanka - ரெலோ - தமிழ் ஈழ விடுதலை இயக்கம்

Posted by Tun Marvin at 11:50 AM

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