HomeWorld NewsBig statement of CIA chief – China responsible for Sri Lanka's economic...

Big statement of CIA chief – China responsible for Sri Lanka’s economic crisis

Sri Lanka Crisis: The head of the Central Intelligence Agency (CIA) of America has blamed China for the economic collapse of Sri Lanka. He said Colombo’s “stupid bets” on high-debt Chinese investments have yielded disastrous results. “China has a lot to throw at it and the Chinese can make a very attractive package for their investment,” William Burns said at the Aspen Security Forum on Wednesday (July 20).

William Burns said, “Nations should pay attention to a place like Sri Lanka today. Sri Lanka made some very foolish bets about its economic future on the huge debt of China and is facing disastrous consequences both economic and political as a result.” “

,Sri Lanka’s situation lesson for other countries,
The CIA chief warned that the situation in Sri Lanka should be a lesson for other countries. “I think that should be a lesson to many other countries – not just in the Middle East or South Asia, but around the world – about keeping your eyes open about these kinds of deals,” he said.

Situation grim in Sri Lanka
Let us tell you that Sri Lanka is facing a huge economic and political crisis. In the debt-ridden country, there has been a severe shortage of all essential things including fuel. After the government’s failure to deal with the economic crisis, people took to the streets. Gotabaya Rajapaksa fled the country amidst heavy public protests and resigned from the presidency. He is currently in Singapore.

Meanwhile, the presidential election was concluded on Wednesday (July 20) amidst tight security. Acting President Ranil Wickremesinghe was elected the new President.

Read also:

UK PM Election: Rishi Sunak can become the PM of Britain, before this people of Indian origin have led 10 countries

Sri Lanka Crisis: Ranil Wickremesinghe sworn in as President of Sri Lanka, may appoint new PM


- Advertisment -

Most Popular

Recent Comments