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Posts tagged as “SL”

SL in talks to extend $1 bln Indian credit line-report

report in Daily Mirror online Mar 8, 2023Sri Lanka is negotiating with India to extend a $1 billon credit line by a few months, two sources told Reuters. The credit line is to due to expire on March 17 with Sri Lanka having used only about two-thirds of it, mainly for medicines and food, said the sources and another person familiar with the matter. The extension talks come as the economy improves and forex reserves…