China Offers Troubled Sri Lanka Relief on Debt Repayments

The Export-Import Bank of China has offered to ease Sri Lanka’s financial woes with a two-year moratorium on its debt repayments, according to a reviewed letter. This moratorium could enable Sri Lanka to seek a $2.9 billion loan from the International Monetary Fund, the Export-Import Bank of China…#srilankas #srilanka #imf #srilankan #eff #beijing #alfiehabershon #asiafinancial
Source: Reuters: Health - Category: Consumer Health News Source Type: news