china supports srilanka: China giving alms to Sri Lanka … How many dollars do you know? – sources said china decides to give 2.5 billion economic support to srilanka

The tourism sector, which plays a key role in Sri Lanka’s economy, has been in decline for the past two years due to the corona.

As a result, Sri Lanka is facing an unprecedented economic crisis. As a result, there is a severe shortage of essential commodities, including food, petrol, diesel and medicines.

Sri Lanka is seeking the help of the international community to help the country recover from the economic crisis. A key feature of this was the recent signing of a final agreement between the two countries for a loan of US $ 1 billion (Rs. 7,300 crore) from India.

India lends to Sri Lanka … How many dollars do you know?
Following this, Sri Lanka also sought a loan from China. When Chinese Foreign Minister Wang Yi visited Sri Lanka last January, President Gotabhaya Rajapaksa called for debt restructuring to address the current economic crisis.

In this context, the Chinese Embassy in Colombo has stated that China is considering a $ 2.5 billion loan and trade loan to Sri Lanka.

It is noteworthy that if this loan is finalized, about 10 percent of Sri Lanka’s foreign borrowings will be from China.