Sri Lanka has asked which country to restructure its debt repayments, amid economic crisis?
Correct answer: B. China
- A. India
- B. China
- C. USA
- D. Japan
Explanation
Sri Lanka asked China to restructure its debt repayments as the country faced a severe foreign-exchange and economic crisis. China was one of Sri Lanka’s major bilateral creditors.
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Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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