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China is considering SL’s request for $1 Bn loan and $1.5 Bn credit line: Envoy

21 Mar 2022

Following the Sri Lankan Government’s request for a USD 1 Billion loan and a USD 1.5 Billion credit line from China, China’s Ambassador to Sri Lanka Qi Zhenhong says the request is being considered. Since the emergence of the Covid-19 pandemic, China has provided Sri Lanka with a USD 1 billion term loan facility, USD 300 million term loan facility and USD 1.5 billion currency Swap.


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