China acts as impediment to Sri Lanka's IMF deal

Colombo [Sri Lanka], December 15 (ANI): The uncertainty and lack of clarity regarding the extent and time frame of China's restructuring of its debt to Sri Lanka is delaying Sri Lanka's bailout package from the IMF, according to Asian Lite.

Debt restructuring is one of the prerequisites of the IMF's bailout package for Sri Lanka. The process is, however, getting delayed due to Sri Lanka's dire situation and a delay in con