China offers bailout package to Pakistan, refuses to defer loan repayments of Sri Lanka

Dec 22, 2022

Both Sri Lanka and Pakistan are caught in China's debt track but while China has offered a bailout package to Pakistan, it has refused...

China acts as impediment to Sri Lanka's IMF deal

Dec 15, 2022

Debt restructuring is one of the prerequisites of the IMF's bailout package for Sri Lanka. The process is, however, getting delayed due to Sri...

India, US, Japan secure USD 2.286 bn IMF bailout for Sri Lanka

Mar 26, 2023

After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7bn...

IMF bailout discussion on Sri Lanka debt restructuring still on lower pedestal as China keeps mum

Sep 13, 2022

Colombo [Sri Lanka], September 13 : Sri Lanka has reached an agreement with the International Monetary Funds (IMF) regarding debt restructuring which will start...

Sri Lanka seeks bridging finance from India till IMF bailout

Apr 17, 2022

Colombo [Sri Lanka], April 17 : While India plays a prominent role in helping its neighbour Sri Lanka come out of a deep economic...

Future leadership in Sri Lanka may cancel all corrupt Chinese projects, says Dr Wijaydasa Rajapakshe

Feb 11, 2022

Colombo [Sri Lanka], February 11 : Hambantota Port is a contentious issue between Sri Lanka and China and the future leadership in Sri Lanka...