China backing paves way for Sri Lanka financing: IMF
China's agreement to restructure its loans to Sri Lanka paves the way for International Monetary Fund financing to the bankrupt island nation, the IMF said Tuesday, adding this would also speed up funding from others. "Sri Lanka has now received financing assurances from all major bilateral creditors," said Krishna Srinivasan, director of IMF's Asia and Pacific Department.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
