Sri Lankan government debt is leading gains in Asian dollar bonds this year as investors bet that the nation will avoid defaulting on its short-term notes, with the help of a Chinese funding facility.
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The Government has started talks with the World Bank to secure a Rs. 10 billion loan for the purchase of a vaccine against COVID-19, The Sunday Times reported quoting a Senior Government official.
Read moreForeign Secretary Adm (Prof) Jayanath Colombage quotes US President-elect Joe Biden to say: "Nations can be opponents but they don’t have to be enemies"
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