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Sunday, July 31, 2022

The truth behind Sri Lanka's debts.


Here are the top 5 creditors of Sri Lanka:

1. International market borrowings (47%) - Issued in USD.

2. Asian Development Bank (13%) - Headed by Japan.

3. China (10%)

4. Japan (10%)

5. World Bank (9%) - Headed by the US.

It is very obvious that the US and Japan created the debt trap in Sri Lanka.  Therefore, the US and Japan must take a heavy hairline cut to help Sri Lanka.

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