China to provide 300mn yuan loan to Sri Lanka amid economic crisis

May 03, 2022

Colombo [Sri Lanka], May 3 : China has decided to provide a loan of 300 million yuan to Sri Lanka amidst the unprecedented economic...

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 announces to provide free fuel to farmers, fishermen in Sri Lanka

Nov 28, 2022

China has announced to provide 10.6 million litres of diesel free of cost to farmers and fishermen in Sri Lanka on Sunday. Over 1232,749...

Sri Lanka: Opposition party vows not to give national assets to redeem loan obligations to China

Sep 03, 2022

Colombo [Sri Lanka], September 3 : Sri Lanka's main Opposition party Samagi Jana Balawegaya vowed in the Parliament on Friday that it would not...

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...

Sri Lankan finance minister to meet Nirmala Sitharaman this week

Mar 17, 2022

Colombo [Sri Lanka], March 17 : Sri Lanka's Finance Minister Basil Rajapaksha is expected to meet his Indian counterpart Nirmala Sitharaman this week to...