China Development Bank team in town for talks

• CDB is one of the largest foreign lenders to Sri Lanka 

By Kelum Bandara 
 A team of China Development Bank (CDB) officials has arrived in Sri Lanka and held talks on projects financed by them and the way forward, a Minister said.
CDB is one of the largest foreign lenders to Sri Lanka. The visit is taking place in a context where Sri Lanka has defaulted on its foreign loans and is seeking debt restructuring.
State Minister of Finance Shehan Semasinghe told Daily Mirror that the CDB officials held talks with him and key State officials on the way forward on Wednesday. The Minister said the projects financed by them were appraised. “They also visited the various projects financed by them,” he said.