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China, Sri Lanka in ‘active’ communications on debt restructuring

- onlanka.com

China Sri Lanka flags

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)

The post China, Sri Lanka in ‘active’ communications on debt restructuring appeared first on ONLANKA News | Sri Lanka Latest Breaking News and Top Stories - Sri Lanka News.

onlanka.com - China, Sri Lanka in ‘active’ communications on debt restructuring

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How important are accountability and transparency for a charity to receive international donations
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