Former Minister says China not easily giving Sri Lanka loans

China is not giving Sri Lanka loans as easy as before, a Former Minister told Parliament today.

Former Minister Sarath Amunugama told Parliament today that China used to clear and expedite loans to Sri Lanka in the past.

However he noted that now China takes time to clear loans and has more conditions attached.

He said that the main reason for this is because the current Government had been critical of China.

Amunugama also denied claims that China has trapped Sri Lanka in debt.

He said that Sri Lanka owes more to Japan and not China.

Courtesy: Colombo Gazette