In order to discuss getting Parliament's approval for the domestic debt restructuring process in Sri Lanka, a special weekend session will be held this week, Dailymirror reported.
China's Vice Minister of Foreign Affairs Sun Weidong invited Sri Lankan President, Ranil Wickremesinghe, to China for a conference on China's Belt and Road initiative. Wickremesinghe might be trying to go to China to discuss debt restructuring.
China's role as Sri Lanka's main creditor has drawn global attention, as the delay caused by China in obtaining the IMF bailout is being closely monitored and questioned. Similarly, China, being a major creditor of Sri Lanka, closely observes other countries' actions regarding an IMF bailout
Indian Air Force Chief VR Chaudhari met Sri Lanka Prime Minister Dinesh Gunawardena on the second day of his four-day visit to the island nation and discussed bilateral ties.
As part of the ongoing visit, the chief of the Indian Air Force, VR Chaudhari called on the President of Sri Lanka, Ranil Wickremesinghe, the Indian Air Force said on Wednesday.
Addressing the United National Party May Day celebrations on Monday, Wickremesinghe said that he expected to reach an agreement by the end of the year to solve the ethnic problem that has been a long-standing issue in the country.
India earnestly supported Sri Lanka in this arduous journey of mobilizing IMF support amid a serious foreign exchange crisis and consequent harsh economic conditions.
Sri lanka's President Ranil Wickremesinghe assured justice for all the victims of the Easter Sunday attacks saying legal proceedings are being processed independently and impartially, without any influence.
The Indian delegation led by the Director General of the National Centre for Good Governance (NCGG), Shri Bharat Lal met Sri Lanka's President on Saturday in the island country and discussed topics like policy reforms, good governance, digitalization, capacity building and training, institut
After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7bn to Sri Lanka, the International Monetary Fund (IMF) approved the USD 2.286 billion (about USD 3bn) bailout for Sri Lanka on March 20. The Sri Lankan government und