China dithers over IMF s Sri Lanka debt plan, leaves Colombo in limbo

With China yet to support Sri Lanka debt restructuring based on the debt sustainability analysis (DSA) of the IMF and Paris Club, time is running out on Colombo to secure a much-needed loan to revive the nation from the present economic crisis. Sri Lanka is seeking a USD 2.9 billion-dollar loan from the IMF MORE..

Source From adaderana
Author:
#SriLanka #News #lka