Colombo, Dec 21, 2024 (AFP) - Sri Lanka president to visit key lender China

NAMPA / AFP

2024-12-21

Sri Lankan President Anura Kumara Dissanayake will travel to the island's largest bilateral lender China for talks in January, he said on Saturday, days after completing a long-delayed foreign debt restructure. China accounted for more than half of Sri Lanka's bilateral debt at the time of the 2022 economic crash, when Colombo ran out of foreign exchange to pay for essential imports such as food, fuel and medicines. Its economy is recovering afte......

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