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Sri Lanka's debt to China adds to economic crisis | The World
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Sri Lanka is facing an economic crisis with dwindling foreign reserves and massive debt repayments due this year. A lot of that debt is owed to China, with critics arguing that too much of the money has been spent on projects that generate no revenue. Independent policy analyst, Amita Arudpragasam takes us through how big the country’s overall debt actually is.
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ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia