Colombo, January 9
Sri Lankan President Gotabaya Rajapaksa on Sunday discussed with Chinese Foreign Minister Wang Yi if Beijing could help his country to overcome the forex crisis by rescheduling its external debt.
Rajapaksa raised the issue when Wang, who arrived here on Saturday from the Maldives on a two-day visit, called on him at the Presidential Secretariat here.
President Rajapaksa pointed out that it would be a great relief to Sri Lanka if the attention could be paid on restructuring the debt repayments as a solution to the economic crisis that has arisen in the face of Covid pandemic, according to a statement issued by the President’s Office.
It is estimated that Sri Lanka owes debt payments to China in the region of USD 1.5 to 2 billion this year. — PTI
(The article is generated from feeds via CT, The Chenab Times staff didn’t write this news.)
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