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Sri Lanka seeks $1.5 billion help from China for essentials: Know how the crisis hit nation is going to use it

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Ranil Wickremesinghe, the newly appointed Prime Minister of Sri Lanka said that his country will need $5 billion over the next six months to ensure basic living standards, and is renegotiating the terms of a yuan-denominated swap worth $1.5 billion with China so as to fund essential imports
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