Birdwatch Note Rating
2024-08-06 03:56:13 UTC - HELPFUL
Rated by Participant: 402DC23553D4A71A5B3F73430AF4B549C73597624A2BDD245632BF8BE55D08DC
Participant Details
Original Note:
The majority of total debt came from western institutions like the Asian Development Bank, The World Bank, and market borrowings equating ~65% of the total debt at the time of default. China only made up ~13% of debt. China has also offered a 2-year debt moratorium. https://www.erd.gov.lk/index.php?option=com_content&view=article&id=102&Itemid=308&lang=en https://www.cnbc.com/2023/01/25/china-offers-sri-lanka-a-2-year-debt-moratorium.html
All Note Details