SL’s negotiations with IMF will unavoidably impact securing USD 2.5 bn from China
Posted on April 25th, 2022
Courtesy The Daily Mirror
Sri Lanka’s ongoing negotiations with the IMF will unavoidably impact its discussions with China for securing US $ 2.5 billion, China’s Ambassador Qi Zhenhong said.
In an interactive dialogue with a team of journalists, he said China was closely monitoring the negotiations to know the terms and conditions .
He said debt restructuring would be a key component of the IMF as he could fathom from experience.
He also said that China’s support to Sri Lanka will not be based on a particular party or Government. No matter who is in power China’s support is for the People of Sri Lanka.(Kelum Bandara)