India has overtaken China to become the largest bilateral lender Sri Lanka in crisis Citing media reports, ANI reported after lending a total of $968 million in four months in 2022. China has been Sri Lanka’s largest lender for the last five years from 2017 to her 2021. China provided $947 million in loans. Over the past five years, the largest multilateral lender to Sri Lanka has been the Asian Development Bank (ADB), and in 2021 he provided loans worth $610 million. India is at the forefront of economic support amid Sri Lanka’s worst crisis.

Source: dna September 18, 2022 14:32 UTC