China, Sri Lanka in ‘active’ communications on debt restructuring
Posted by Editor on May 18, 2023 - 8:44 am
China and Sri Lanka are currently in “active” communications on the island nation’s debt restructuring, the Chinese foreign ministry said on Wednesday.
“China supports financial institutions in working with the Sri Lanka side and continue to play a positive role,” foreign ministry spokesperson Wang Wenbin said in response to a question at a regular press briefing.
“We call on commercial and multilateral creditors to take part in the debt restructuring in Sri Lanka. The Sri Lankan government has said it will discuss the matter with creditors including China.”
(Reuters)
Latest Headlines in Sri Lanka
- Sri Lanka raises daily wage of plantation workers to Rs. 1,750 January 30, 2026
- Sri Lanka expands Internal Affairs Units to 250 more state institutions January 30, 2026
- Three arrested over Rs. 17 Million Lanka Sathosa garlic scam January 30, 2026
- Businessman arrested over Rs. 30 Million money laundering case linked to former minister January 30, 2026
- Six police officers arrested over alleged priest assault granted bail January 29, 2026
