France, India and Japan have teamed up and invited others to join in the rescue of Sri Lanka’s crippled economy, a crisis blamed on mindless spending by the island’s rulers of money borrowed from China.
At the launch of the rescue scheme last week, France urged creditors to ensure “transparency” while negotiating the restructuring of Sri Lanka’s suffocating debt, which disrupted imports of lifeline supplies of fuel, food and medicines and sparked political chaos.
