China shares positivity in Helping Sri Lanka….

In order to jointly play a positive role in aiding Sri Lanka in navigating its current circumstances, reducing its debt burden, and achieving sustainable development, China said it will cooperate with relevant nations and international financial organizations.

Chinese Foreign Ministry Spokesperson Mao Ning on Tuesday (28) said the Export-Import Bank of China provided a financing support document to the Ministry of Finance, Economic Stabilization and National Policies of Sri Lanka, saying the Bank is going to provide an extension on the debt service due in 2022 and 2023 to help relieve Sri Lanka’s short-term debt repayment pressure.