Sri Lanka’s Finance Minister Ravi Karunanayake urged China to help Sri Lanka through its financial crisis by adjusting loan rates, on Sunday.
Speaking in an exclusive interview with the South China Morning Post , Mr Karunanayake, said,
“I urge China to put the acrimony of the past behind us and come up and help us by adjusting the terms of the loans to make them more viable. We are serious about putting our relationship on the right path and mending the pathetic finances we have inherited from a corrupt regime.”
Almost 70 per cent of the mega infrastructure projects in the country in the last six years have been funded by China and built by Chinese companies, reports Colombo Page.