header logo
Latest
China says ready to play positive role in easing Sri Lanka’s debt burden
May 21, 202211:21 PM
China says ready to play positive role in easing Sri Lanka’s debt burden

China says it stands ready to work with relevant countries and international financial institutions and to continue to play a positive role in easing Sri Lanka’s debt burden.

 

“China fully relates to the difficulties and challenges facing Sri Lanka and stands ready to play a constructive role in its steady economic and social development,” Chinese Foreign Ministry Spokesperson, Mr. Wang Wenbin said at a media briefing yesterday (May 20).

 

He also stated that China is prepared to work with relevant counties and international financial institutions and to continue to play a positive role in easing Sri Lanka’s debt burden and helping the island nation to achieve sustainable development.

 

“In the meantime, we hope and believe that Sri Lanka will work in the same direction and make independent efforts to uphold the legitimate rights and interests of foreign investment and financing partners and maintain stability and credibility of its investment and financing environment, Mr. Wenbin said further in response to a question raised during the media briefing.

 

 

 

MostRead
Mob
VideoStories
Cabinet approves allocation of over Rs. 500 million  for key development projects in 23 cities

Cabinet approves allocation of over Rs. 500 million for key development projects in 23 cities

“Govt. will fulfill public aspirations”  Past welfare programs fostered political dependency: PM

“Govt. will fulfill public aspirations” Past welfare programs fostered political dependency: PM

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

“Preserving the Himalayas, a global responsibility”  Nepal Embassy celebrates Int'l Sagarmatha Day

“Preserving the Himalayas, a global responsibility” Nepal Embassy celebrates Int'l Sagarmatha Day

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

Colombo streets illuminated with lanterns and pandols  as Sri Lankans celebrated Vesak festival

Colombo streets illuminated with lanterns and pandols as Sri Lankans celebrated Vesak festival

Derana’s 24-hour ‘Vesak Dansala’ concludes successfully; 40,000 devotees participate in the event

Derana’s 24-hour ‘Vesak Dansala’ concludes successfully; 40,000 devotees participate in the event

“SL must be prepared to implement reforms”; GSP+ facility key for exporters to access EU market

“SL must be prepared to implement reforms”; GSP+ facility key for exporters to access EU market

Fuel prices increased again; Bus operators demand 5% fare hike, Tuk fare also likely to go up

Fuel prices increased again; Bus operators demand 5% fare hike, Tuk fare also likely to go up

Massive turnout as Derana’s 24-hour Vesak Dansala kicks off at Independence Square in Colombo

Massive turnout as Derana’s 24-hour Vesak Dansala kicks off at Independence Square in Colombo

Sri Lankans commemorate Vesak Poya; devotees invoke blessings island-wide

Sri Lankans commemorate Vesak Poya; devotees invoke blessings island-wide

Sarvajana Balaya hosts a dansala in Borella under the patronage of MP Dilith Jayaweera

Sarvajana Balaya hosts a dansala in Borella under the patronage of MP Dilith Jayaweera

Sri Lankans to celebrate Vesak Festival tomorrow with pandals, Dansal and lanterns

Sri Lankans to celebrate Vesak Festival tomorrow with pandals, Dansal and lanterns

Sri Lanka offers a ‘Full Package’ for investors – PM Harini says

Sri Lanka offers a ‘Full Package’ for investors – PM Harini says

Ada Derana Sinhala