COLOMBO, Oct. 29 (Xinhua) -- China is helping Sri Lanka come out of a "debt trap" and has led the island towards development by constructing ports, roads and water conservancy projects that improve people's livelihood, Chinese Ambassador Cheng Xueyuan said on Tuesday. Speaking at a dialogue ...
BEIJING, July 3 (Xinhua) -- China and Sri Lanka are committed to pushing forward cooperation on the Hambantota port project and realizing the goal of making Sri Lanka the logistics center of the Indian Ocean, said a Foreign Ministry spokesperson on Tuesday. "This is not only conducive to the...
The article reports that China Development Bank Corp. will provide 350 million dollars of the 500 million dollars cost of a new privately-developed container terminal in Colombo, Sri Lanka.EBSCO_bspProject Finance & Infrastructure Finance
COLOMBO (Reuters) -Sri Lanka's agreements with China and other creditor nations to restructure about $10 billion in bilateral debt brought it a step closer towards restoring debt sustainability, the International Monetary Fund (IMF) said on Thursday. The island n...
Sri Lanka’s president says China has given crucial debt restructuring assurances that mean the bankrupt nation could get its bailout package approved soon.
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A bird flies past gantry cranes working at the Colombo port, Sri Lanka, Sept 16, 2024. (PHOTO / AP) COLOMBO - Sri Lanka has reached agreements in principle on restructuring approximately $17.5 billion of external commercial debt, the President's Media Division (PMD) said in a press release...
IMF director describes Sri Lanka as ‘warning sign’ for countries with high debt levels, limited policy space (国际货币基金组织(IMF)总裁将斯里兰卡描述为债务水平高、政策空间有限的国家的“警告信号”) Thursday, July 21, 2022 - 01:00 The IMF Chief made these straightforward remarks at the hybrid...
Gunawardena said that Sri Lanka is China's reliable partner. He thanked China for its long-term support in safeguarding Sri Lanka's national sovereignty, independence and territorial integrity as well as its assistance in responding to...
Georgieva stressed that Sri Lanka needs to restructure its debt and that the IMF will strongly support the island nation in this regard. 乔治·伊娃强调,斯里兰卡需要重组债务,国际货币基金组织将在这方面大力支持这个岛国。 “We have a technical team in the country, we are ready to support Sri Lanka...