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Sunday, January 29, 2023

China invites IMF & World Bank to discuss aiding Sri Lanka

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China has reportedly invited the Chief of the International Monetary Fund (IMF), Kristalina Georgieva and the President of the World Bank David Malpass to discuss helping Sri Lanka.

Accordingly, the duo has been invited to Beijing, China, to discuss helping Sri Lanka and other countries to overcome the ongoing difficulties and ease the debt burden, thus realizing sustainable development, the Chinese Foreign Ministry reported.

During a regular press conference, Chinese Foreign Ministry Spokesperson Mao Ning told reporters that China attaches high importance to Sri Lanka’s difficulties and challenges.

She stated that China supports the financial institutions in working out ways with Sri Lanka to properly resolve the debt issue.

Mao said China is hopeful that relevant countries and international financial institutions will work with China and continue to play a constructive role in helping Sri Lanka overcome the current difficulties, ease the debt burden and realize sustainable development.

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