China to support proposed debt treatment process of Sri Lanka

08 Nov, 2022

China has assured support to the proposed debt treatment process of Sri Lanka.

The assurance was given during a meeting between State Minister of Finance Shehan Semasinghe and the Chinese Ambassador to Sri Lanka, Qi-Zhenhong.

The Ambassador had assured China’s continuous support on the debt treatment and stabilization of the economy of Sri Lanka, the State Minister said.

“The Ambassador assured their support to overcome this critical situation with regard to the financial status of the country. Further, he emphasized that China, as a trustworthy friend, will always be on Sri Lanka’s side.” the State Minister added.

Semasinghe said the Ambassador had further noted that by strengthening mutual understanding and further communication, China will support the proposed debt treatment process of Sri Lanka.

China had assured it will never isolate Sri Lanka not only in this situation but in future as well. (Colombo Gazette)

Recommended For You

Hilton Named Sri Lanka's No. 1 Best Workplace Once Again

Hilton Sri Lanka has once again been named the Best Workplace in Sri Lanka by Great Place To Work, retaining the country's No. 1 position for the second consecutive year. Along with this, the company was also the recipient of Best Workplace in Asia (Large category), Best Multi-National Corporation, and the Industry Excellence Award for Hospitality - Hotels and Resorts. The recognition is shared across Hilton's four properties in Sri Lanka and reflects a workplace culture shaped by its Team Membe

20 Sep, 2026

Sri Lankan Author Ragulan Tharmakulasingam Launches The Last Cup of Tea - A Moving Tribute to Mothers, Now Available Worldwide

A short novel about a mother’s love, memory, and the moments we take for granted - launched at the Pick a Book Readers’ Summit in Colombo, and now on Amazon internationally. Author and Pick a Book founder Ragulan Tharmakulasingam has released his second book, The Last Cup of Tea, a short and deeply emotional story that has moved readers across generations and is now available to readers worldwide on Amazon. The book was launched at the Pick a Book Readers’ Summit, held at Cinnamon Grand Colom

18 Sep, 2026

Ambassador of Sri Lanka in Qatar, Sithara Khan, Felicitates Victorious Sri Lanka Universities Weightlifting Team

The Ambassador of Sri Lanka to the State of Qatar, Sithara Khan, felicitated the Sri Lanka Universities Weightlifting Team that won medals at the 2026 FISU World University Championship in Weightlifting, organised by the International University Sports Federation (FISU) and hosted by the Qatar Collegiate Sports Federation (QCSF), held from 8–12 September 2026 at the Education City’s Multaqa Student Center in Doha, Qatar. Welcoming the victorious team at the Embassy of Sri Lanka in Doha on

18 Sep, 2026

Colombo Gazette is a leading news and entertainment website, covering stories related to Sri Lanka. The content consists of text based news, photos and videos and is linked to social media websites including Facebook, Twitter and Instagram, to provide a wider coverage for its stories.