Sri Lanka secures US$90 million grant from China amid ‘debt trap’ call
China announced Sunday that it was providing a US$90 million grant to Sri Lanka, two days after the island nation’s president sought help from a visiting Chinese delegation in disproving a perception that China-funded megaprojects are “debt traps”.
Calling the financial help a “timely grant”, the Chinese embassy in Colombo said it would be used for medical care, education and water supplies in Sri Lanka’s rural areas. and that it would “contribute to the well-being of [Sri Lankans] in a post-Covid era”.
The announcement follows a visit to the Indian Ocean island nation on Friday by a Chinese delegation led by Yang Jiechi, a Communist Party Politburo member and a former foreign minister.
During talks with Yang, Sri Lankan President Gotabhaya Rajapaksa asked China to help him in disproving a perception that China-funded megaprojects are “debt traps” aimed at gaining influence in local affairs.
https://amp.scmp.com/news/china/dip...-us90-million-grant-china-amid-debt-trap-call
U$550 million දුන්න කියල ලංකාවෙ මීඩියාකාරයෝ දාන්නෙ..
China announced Sunday that it was providing a US$90 million grant to Sri Lanka, two days after the island nation’s president sought help from a visiting Chinese delegation in disproving a perception that China-funded megaprojects are “debt traps”.
Calling the financial help a “timely grant”, the Chinese embassy in Colombo said it would be used for medical care, education and water supplies in Sri Lanka’s rural areas. and that it would “contribute to the well-being of [Sri Lankans] in a post-Covid era”.
The announcement follows a visit to the Indian Ocean island nation on Friday by a Chinese delegation led by Yang Jiechi, a Communist Party Politburo member and a former foreign minister.
During talks with Yang, Sri Lankan President Gotabhaya Rajapaksa asked China to help him in disproving a perception that China-funded megaprojects are “debt traps” aimed at gaining influence in local affairs.
https://amp.scmp.com/news/china/dip...-us90-million-grant-china-amid-debt-trap-call
U$550 million දුන්න කියල ලංකාවෙ මීඩියාකාරයෝ දාන්නෙ..
