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Supreme Court orders Maithripala Sirisena and 3 others to declare their assets

Sri Lanka’s Supreme Court today (November 02) has ordered former President Maithripala Sirisena and three others to declare their assets and liabilities through affidavits on or before December 30, 2023. | Latest News from Sri Lanka - November 2, 2023

China confirms offer of two-year moratorium on loan repayments to Sri Lanka

The government of China on Friday confirmed that a two-year moratorium is being offered to Sri Lanka on loan repayments as the island nation battles to restructure $51 billion in foreign debt amid the financial crisis. The loan was provided by China to Sri Lanka under the multibillion-dollar Belt and Road Initiative programme of Beijing aimed at increasing trade through the construction of ports and other infrastructure across Africa and Asia. 

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