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The Times of India
The Times of India
Business
PTI

'Sri Lanka to seek fresh $1 billion credit from India to buy essential items'

COLOMBO: Sri Lanka would seek a new temporary credit facility of $ billion from India to purchase essential items including food and medicine, the official media here reported on Monday.

Sri Lanka received 333 million dollars, the first tranche of the $ 3 billion International Monetary Fund (IMF) bailout programme last week to overcome its economic crisis and catalyse financial support from other development partners.

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