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China says SL won’t have to repay principal and interest due in 2021, 2022 to EXIM Bank

China’s Foreign Ministry Spokesperson Mao Ning said today that the Export-Import Bank of China will provide an extension on the debt service to Sri Lanka due in 2022 and 2023, which means Sri Lanka will not have to repay the principal and interest due on the Bank’s loans during the above-mentioned period, so as to help relieve Sri Lanka’s short-term debt repayment pressure.
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