China offers Sri Lanka debt moratorium, IMF help still in doubt


NEW DELHI/COLOMBO: The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it will support the country's efforts to secure a $2.9 billion loan from the International Monetary Fund, according to a letter reviewed by Reuters.

Regional rivals China and India are the biggest bilateral lenders to Sri Lanka, a country of 22 million people that is facing its worst economic crisis in seven decades.

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Sri Lanka , China , IMF , debt , moratorium

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