Sri Lanka received debt restructuring deals due to creditors’ confidence in its recovery: Minister 

Theses are the guys who put us in this position

This guy and his father are also one of the main reasons why Sri Lanka became bankrupt. He and his father are two of the most corrupted politicians in Sri Lanka. Have been lying poor estate people in Nuwara Eliya district for decades. He can join his father in hell.

You are asking question from the very people who put Sri Lanka in this situation.

He is one of the corrupt politicians in Sri Lanka. His family lived off the poor people for generations. The question was about where Sri Lanka stands now, he says about opposition leaders, the former president leaving the country. How petty minded you are 🤮 Other than increasing the water price and burdening the people who sent him to the parliament, he hasn't done anything with this ministerial portfolio.

What is this a joke😂😂😂.its seems like CNA is funded by corrupt politicians. Dont tell fu***ng lies😂😂😂😂

Sri Lanka's gov official debt report: 47% - Market borrowings (bonds) - most of which is held by BlackRock (U$A shadow government company) 13% - Asian Development Bank (Japan, but a western own and run bank) 10% - China 10% - Japan 9% - World bank 2% - India 9% - Others

This guy one of the most corrupted political family in the country. He, his father and grand father all came to power from daily paid poor workers of tea plantation. Now this family became billionaires. But still poor workers suffer. Are you crazy to ask opinion from this guy? He talks to where he been paid or have corrupt deals

Sri Lanka 2030 and beyond, let's go!! As of now I see the country is a fine place to live and the young must take courage and become the best they can when it comes to work, life and all aspects. Country is a paradise for good food, beaches and perfect sunshine.

What is this joke😂 what a propaganda srilanka still in a hell😅 are u guys mad to interview this guy?? This is a joke😂

We appreciate your efforts. Keep working hard.

dont give your mic to , foolish ppl.

Nice propaganda 😂

Sri Lanka had all of the right ingredients and failed because of Sinhalese nationalists, history should remember what those people did. It's too late for that country to achieve high income status. Why do I say that? Sri Lanka was already dealing with a low fertility rate and a rapidly aging population before the economic crisis. Now, after the crisis, the fertility rate has dropped even further because not only do people not want to have children at all now, many young people left to go work overseas. So the young population which was already getting smaller before 2022, just got even more smaller. You know who's left in Sri Lanka? The growing elderly population. The only prediction about Sri Lanka that will come true is that Sri Lanka will face population decline by 2037. This prediction was made 10 years ago but considering what's happened, I'm sure population decline will come sooner for them than later. Sri Lanka, today, is the worst case version of what Thailand is today: both are poor, both have rapidly aging populations, both will face population decline in the next 10-15 years, both have low fertility rates and both will reach peak working age population by 2027. The difference, Sri Lanka is a lower middle income country where the average income is a third lower than Thailand.

and they say sri lankan accent is similar to INDIAN ACCENT what A JOKE

Debt trap

😅😅 Sri Lankan President Ranil Wickremesinghe said on March 7 that China has support to restructure Sri Lanka's debt, which means that the Sri Lankan government will soon receive assistance from the International Monetary Fund (IMF). All western media don't want talk about this.

2043??? annual rates are gonna be stratospheric.

Sri Lanka is yet to come to an agreement with sovereign bond holders.

(Long) *Facts* about Chinese 🇨🇳 debt-trap loans to Sri Lanka that also apply to most BRI projects: - China was never transparent about its BRI loans. - third highest, at 10%, among Sri Lanka's $51 billion foreign debts. - Chinese annual interest is at 3.3%, *5 times* higher than Japanese loans. - Among all loans, Chinese loans must be *paid first.* - Chinese loans are not money. They are *construction debt.* - The loans must have *collateral, such as mines, seaports, etc. - Most BRI projects China developed are useless but may be useful for *the Chinese military.* - Chinese workers, mostly *men unable to marry* in China, are transported to Sri Lanka for BRI projects. - China took the Hambantota seaport for *99 years* as Sri Lanka's unable to pay. - unable to pay, Sri Lanka asked lenders for renegotiation. All responded, *except China.* - When Sri Lanka tried to import necessities, China *blocked* it because of unpaid debts.

Sri-Lanka has asked the IMF for bailout 16 times in the last 52 years. Sri-Lanka has failed to complete IMF programs nine times! The last IMF program was terminated by Gotabaya Rajapaksa in early 2020, because he did not like the conditions imposed by the IMF! After bankrupting the country, the regime went to the IMF again two years ago! Successive Sri-Lankan regimes have printed money and mismanaged the economy. In 1950, one US dollar bought Rs 5. When Gotabaya was elected in November 2019, one US dollar bought Rs 180. Now, one US dollar can buy more than Rs 300. Just wait for the next crisis to come!

Srilanka received IMF Assistance for the 17th times since the independence. All these efforts are regarding repayment of debts but most important issue is how to spearhead local productivity.

China gave them Debt, but India rescued them when they needed help 🇮🇳❤🇱🇰

You are asking question from the very people who put Sri Lanka in this situation.

This is one of corrupt politician in Srilanka

What a joke?you are interviewing him.

Remember Sri Lanka once was rapidly developing nation in south east Asia was richer than all the rich south east asian countries now. Its their own people ruined it with their racism and nationalist movement.

SRI LANKA...THE DIAMOND OF INDIAN OCEAN

😂😂😂😂😂😂

wikipedia 2022 study, based on World Bank figures, that more African governments' external debts were being owed to Western banks, asset managers and oil traders (35%) than to Chinese lenders (12%). It also found that interest rates charged on western private loans (5%) were almost double that of Chinese loans (2.7%) and that "the most indebted countries were less likely to have their debt dominated by China".

Only English teacher know that what he saying to that question 😂

Good move. This will help reduce the amount of interest payments caused by the US "higher for longer" interest rates expected to stretch out over the next five years

In 1980, JR Jayawardena promised to make Sri-Lanka the next Singapore! After failing to be become the next Singapore, in 2009 Mahinda Rajapaksa promised to make Sri-Lanka a Wonder of Asia! After failing to become a Wonder of Asia, in 2020, the Rajapaksa brothers promised to deliver Prosperity and Splendor. In 2022, after bankrupting the country, Gotabaya Rajapaksa fled the country! Ranil Wickremasinghe has recently said that Sri-Lanka would become a fully developed country by 2048!

😂 i never understand anything he says

Nice to hear the creditor's confidence in the recovery of the country's economy. We don't see this in our wallets.

That's to their US Israel brotherhood

China should forgive the debts.

pls vist sri lanka look at the food price its so high look at the milk price and fruits so high transport so high

Hopefully based on past experience, India will learn not to get with her immediate neighbours numerous problems. Bangladesh, Nepal, Sri Lanka, Maldives...all have short memories and are never grateful.

👏

Ranil pupets 😂

Malaysia is heading for Sri Lanka: huge debts, racist policies but worse, subsidies and quotas for the majority. Perfect recipe for the Perfect Storm. A huge thank you to Dr Mahathir who started the rot and the Present PM was the Finance Minister under Dr M and he was a most fantastic student. Has ambitions to be a world stateman but limited to his fantastic relationship with political Hamas since he makes a difference between the military and political Hamas.

More Austerities? May need to fall-in past Colombo Plan Scholars to craft a way out. 😅

Cina need this cash as the economy is getting slimmer, same in Kenya, be ready malysia cina is coming.

Really 20 comments but only 10 is visible 😂😂

good hope

Rajiv: what do you mean by this? Me: 😆😆😆

This is what the former Prime Minister of Singapore, the late Lee Kuan Yew said in his book, From Third World to First: In 1965, we had 20 years of examples of failed states. So, we knew what to avoid - racial conflict, linguistic strife, religious conflict. We saw Ceylon. SWRD Bandaranaike’s promise to make Sinhala the national language and Buddhism the national religion was the start of the unraveling of Ceylon. I was surprised when, three years later, he was assassinated by a Buddhist monk. I thought it ironic that a Buddhist monk, dissatisfied with the country's slow rate of progress in making Buddhism the national religion, should have done it. Over the years, I watched a promising country go to waste. Sri-Lanka has failed because it had weak or wrong leaders. In 1990, Lee Kuan Yew also said Sri-Lanka would have to rely on sending maids to other countries. There are more than one million Sinhalese maids working in the Middle East now!

Sri Lankan debt relief came from India when it was neded the most. Funny, there is never a sense of gratitude to India that has been more transparent unlike thenChinese counter part. Inspite of the constant backstabbing from China , Sri Lankan affinity to the tyrant nation draws questions