Question:
The main bilateral lenders of Sri Lanka at present are
(1) China, India and Saudi Arabia.
(2) China, India and Japan.
(3) China, India and World Bank.
(4) China, India and Germany.
(5) China, Japan and Bangladesh.
Correct Answer:
(2)
Answer Explanation:
Bilateral debt refers to loans between two sovereign nations. The World Bank is a multilateral lender. Sri Lanka’s top three bilateral creditor nations have historically been China, Japan, and India.
Topic: Sri Lankan Economy Year: 2022
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