Real debt trap: Sri Lanka owes vast majority to West, not China

2 years ago
101

Sri Lanka owes 81% of its external debt to US and European financial institutions and Western allies Japan and India. China owns just 10%. But Washington blames imaginary “Chinese debt traps” for the nation’s crisis, as it considers a 17th IMF structural adjustment program.

SOURCES here: https://multipolarista.com/2022/07/11/debt-trap-sri-lanka-west-china

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