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Bangladesh extends repayment schedule of loans to Sri Lanka by 1 yr
short by Shailesh / on Monday, 9 May, 2022
Bangladesh has decided to extend the repayment schedule of loans given to Sri Lanka by one more year. Bangladesh had provided $200 million in loans to Sri Lanka under a currency swap facility in May last year. Notably, the loans were originally due to be repaid in three months, but the term was extended several times at Sri Lanka's request.
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