China Assures It Will Back Sri Lanka's Debt Restructuring, Says President Ranil Wickremesinghe on IMF Bailout Package
Clearing the hardest hurdle for securing a loan of USD 2.9-billion bailout package from the IMF, President Ranil Wickremesinghe informed Sri Lankas Parliament on Monday evening that China had given assurance that it would back the island countrys debt restructuring. China Assures It Will Back Sri Lanka’s Debt Restructuring, Says President Ranil Wickremesinghe on IMF Bailout Package.
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Source: latestly.com