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China’s stand may deprive Sri Lanka of USD 2.9 bn from IMF in early 2023: CPA chief

China’s stand may deprive Sri Lanka of USD 2.9 bn from IMF in early 2023: CPA chief

Nov 19, 2022, at 02:48 am

Colombo: Executive Director of the Centre of Policy Alternatives (CPA) Dr. Paikiasothy Saravanamuttu has said  China’s unwillingness to accept the proposed debt restructuring might deprive economic-crisis-hit Sri Lanka of the USD 2.9 billion credit facility, from the IMF.