Asian giants China and India are the biggest bilateral lenders to Sri Lanka, an island-nation of nearly 22 million people that is facing its worst economic crisis in seven decades. Representational image. AFP
Colombo: Chinas Export-Import Bank has offered Sri Lanka a two-year moratorium on its existing debt and said it will support the countrys bid to secure a USD 2.9 billion loan from the International Monetary Fund (IMF) to tide over the unprecedented economic crisis.
Asian giants China and India are the biggest bilateral lenders to Sri Lanka, an island-nation of nearly 22 million people that is facing its worst economic crisis in seven decades.
Earlier in January, India wrote to the IMF saying it would commit to supporting Sri Lanka…
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