The Central Bank of Sri Lanka has urged creditors India and China to agree a write-down of their loans as soon as possible in an effort to "help us to start repaying their obligations".Speaking to the BBC on Wednesday night, the .
Sri Lanka’s central bank has urged China and India to agree a write-down of their loans as soon as possible. The crisis-hit Indian Ocean state defaulted on its debt repayments and negotiated a $2.9bn (£2.4bn) bailout. But the International Monetary Fund will not release the cash until China and India first agree to reduce Sri.
Minister of Foreign Affairs Ali Sabry chaired the first diplomatic briefing for Colombo-based diplomatic corps for the New Year at the Ministry on 10 January 2023. Minister Sabry at the outset highlighted that Sri Lanka is looking towards 2023 as a year of socio-economic stabilization, reconciliation and recovery and outlined several areas of progress made.