The Chinese Finance Minister, Liu Kun, has reaffirmed China’s commitment to extend comprehensive support for the implementation of a medium-term and long-term programme that is mutually beneficial to both parties and aimed at optimising Sri Lanka’s debt.

The Chinese Finance Minister conveyed this commitment during bilateral discussions held this morning (19) in Beijing with President Ranil Wickremesinghe, who is currently on a four-day official visit to China.

Minister Liu Kun emphasised that China has a profound understanding of the economic challenges confronting Sri Lanka and commended the progress and measures Sri Lanka has taken thus far to address the ongoing economic crisis. Furthermore, he expressed China’s unwavering provide robust support for the enhancement of the necessary infrastructure crucial for Sri Lanka’s development.

The Chinese Finance Minister also highlighted the in-depth discussions that transpired regarding financial interactions between Sri Lanka and China, underscoring the collaboration with international organisations closely associated with China, aimed at furnishing additional support to Sri Lanka.

President Ranil Wickremesinghe expressed his profound appreciation for China’s consistent support as Sri Lanka endeavours to overcome economic challenges.