Chinese credit conundrum for Sri Lanka

Chinese credit conundrum for Sri Lanka Daily FT 8th Feb 2023 Analysts opine China’s latest debt relief offer and reiteration still falls short Biggest bilateral creditor with nearly $ 7 b exposure urged to go the full distance in support of Sri Lanka The debt relief reiterated by China to Sri Lanka last week still falls short of overall burden on the latter, according to analysts. China’s Foreign Ministry Spokesperson Mao Ning’s during the regular briefing on Friday reiterated the announcement by Export-Import Bank of China on 19 January. As…

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ElemeIs SLPP-UNP Regime attempts to postpone the LG Electionsntor #1540

  Is SLPP-UNP Regime attempts to postpone the LG elections Wednesday 8th February, 2023 The Island editorial The Rajapaksa-Wickremesinghe regime is all out to derail the local government (LG) elections scheduled for 09 March. The Election Commission (EC) is determined to ensure that the country goes to the polls as scheduled, and the Opposition is bragging that the government’s plan to delay the mini polls has gone pear-shaped, and the SLPP-UNP combine will have to bow to the inevitable, but nothing is so certain as the unexpected in politics, which…

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