Bankrupt Sri Lanka Seeks Extra Billion-Dollar Loan to Pay China
The Democratic Socialist Republic of Sri Lanka is hoping to take out yet another billion-dollar loan, open a separate $1.5 billion credit line, and activate a $1.5 billion currency swap with communist China, Sri Lanka’s envoy to Beijing told Bloomberg News on Friday.
![Sri Lankan rupee bank notes in Colombo, Sri Lanka, on Sunday, May 22, 2022. Sri Lankas dol](https://media.breitbart.com/media/2022/07/srilankanmoney-420x315.jpg)