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China’s government on Friday confirmed it is offering Sri Lanka a two-year moratorium on loan repayments as the Indian Ocean island nation struggles to restructure $51 billion in foreign debt that pushed it into a financial crisis.The post China confirms two-year debt moratorium offer for Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka’s international bondholders group was prepared to engage with the island nation’s authorities in debt restructuring talks consistent with the parameters of the IMF Programme, their legal adviser, White & Case LLP, said.The post Sri Lanka bondholders ready for debt restructuring talks with authorities appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News...
Chinese Foreign Ministry Spokesperson Mao Ning has replied to comments made by Under Secretary of State for Political Affairs of the United States, Victoria Nuland.The post China responds to Victoria Nuland’s comment on Debt Relief to Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Review Of Dr W.A Wijewardena’s Book ‘A Child’s Guide To Ranilnomics, Cryptos & Currency Boards’ appeared first on Colombo Telegraph.
[…]The post Sri Lanka: Surviving The 75th Year Of Independence appeared first on Colombo Telegraph.
China has hit back at the remarks made by US Under Secretary of State for Political Affairs, Victoria Nuland that the terms extended by China to Sri Lanka to unlock IMF debt relief remain insufficient.
[…]The post Why Are The Structural Changes Necessary? appeared first on Colombo Telegraph.
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