This handout photograph released by Sri Lanka Prime Minister's Office on March 27, 2024 shows Sri Lanka's Prime Minister Dinesh Gunawardena shaking hands with China's President Xi Jinping before a meeting in Beijing. Sri Lanka's prime minister said on March 27 that China has pledged to develop the island nation's strategic deep sea port and the capital's airport after talks with his counterpart in Beijing.
China is willing to "continue supporting its financial institutions to actively negotiate with Sri Lanka, maintain friendly communication with other creditors, play a positive role in the International Monetary Fund, assist Sri Lanka in financial relief," Beijing's foreign ministry said in the Chinese version of a joint bilateral statement released Friday.
Rajapaksa borrowed heavily from China for projects that many criticised as a debt trap that led to the worst economic crisis in Sri Lanka's history. It secured a $2.9 billion International Monetary Fund bailout last year, with the programme conditional on a debt deal that satisfies foreign creditors.
News on the brutal killing of Killua, the Golden Retriever from Bato, Camarines Sur, has ignited a wave of public outcry,... Revenues raised by the government from various imported milk products jumped by 31 percent to P2.36 billion in 2023, the highest...