The visit by President Aruna Kumara Dissanayake to New Delhi is seen as a move by Colombo to seek India’s support for debt-laden SriLanka. What China is doing to make ports ‘smart’ and not ...
China accounted for more than half of SriLanka'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 ...
SriLanka’s economic crisis has deepened its reliance on Chinese investments, with Beijing accounting for over 20 percent of its external debt in 2022. China’s financial leverage is evident ...
In the first elections held since the collapse of the Sri Lankan economy in 2022 and its default on external debt, AKD secured ... Mike Pompeo visited SriLanka for a 12-hour trip, during ...
China accounted for more than half of SriLanka's $14 billion debt borrowed from other governments at the time the island defaulted on its sovereign debt in 2022 when Colombo ran out of ...
Its total debt stock stood at USD 92 billion, with 40% being external debt in 2023. SriLanka’s debt portfolio is complex and its outstanding debt to China and India accounted for 18% of ...
China accounted for more than half of SriLanka'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 ...
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