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Asharq Al-Awsat
Asharq Al-Awsat
Business
Kuwait- Mirza al-Khuwaildi

Kuwait’s Development Fund: Sri Lanka’s Debt is ‘Sovereign,’ Can’t Be Canceled

The Kuwait Fund for Arab Economic Development (KFAED) affirmed on Wednesday that the debts other countries owe it are “sovereign.”

It referred to Sri Lanka’s announcement of defaulting on its $51 billion external debt.

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