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Home>>US DEBT

Tag: US DEBT

IndiaInternationalNews

India Became Sri Lanka’s Largest Lender In 2022, Read To Know More About The Debt!!

Gunjan ChaudharySeptember 15, 20220

India has given the maximum help this year to Sri Lanka, which is facing economic crisis. It also includes a loan of US$ 377 million given by India to the island nation. At the same time, Verite Research think-tank has made a big claim. Verite Research think-tank has said that India has emerged as the largest lender to Sri Lanka this year. At the same time, India is currently indebted to the Asian Development Bank for USD 360 million. This accounts for 76 percent of the total payments from January to April 2022. Sri Lanka has received a total loan of US$ 968 million in the first four months of 2022, of which India's contribution is US$ 377 million, according to an independent Verite research think-tank based in Colombo. With this contribution, India has emerged as the largest bilater...

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