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Sri Lanka crisis

China offers Sri Lanka debt moratorium, IMF help still in doubt

Pledge from Beijing seen as less 'comprehensive' than India's

Drivers push auto rickshaws in a line to buy fuel during Sri Lanka's economic crisis last year.   © Reuters

NEW DELHI/COLOMBO (Reuters) -- The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it would support the country's efforts to secure a $2.9 billion loan from the International Monetary Fund, according to a letter reviewed by Reuters.

Regional rivals China and India are the biggest bilateral lenders to Sri Lanka, a country of 22 million people that is facing its worst economic crisis in seven decades.

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