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Welcome To IANS Live - INTERNATIONAL - SL to present economic woes, debt structuring plans to creditors

Officials from the Central Bank of Sri Lanka, Finance Ministry higher-ups and its legal advisers Clifford Chance will make the virtual presentation to all creditors. including India and Japan which holds around $4.9 billion of Colombos debt.The
France General Sri Lanka New Delhi Ranil Wickremesinghe Gotabaya Rajapaksa International Monetary Fund

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Chinese banks set to report first-half profit growth, as infrastructure lending cushions impact of Covid-19 lockdowns

Chinese banks are set to report 5 per cent year-on-year profit growth for the first half of 2022, as sustained loan growth to support infrastructure and companies is expected to offset weaker retail loan demand caused by Covid-19 lockdowns in the second quarter, analysts said.
China Evergrande Mortgage Boycott Debt Restructuring Covid Lockdown
Source: scmp.com

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