Sri Lankan Minister defends Bangladesh currency swap

Sri Lankan Minister, Ajith Nivard Cabraal, defended the governments $250 million currency swap with Bangladesh implying it was not disgraceful for Sri Lanka to seek this arrangement with one of the most impoverished countries in the world.
Cabraal responded to a question during webinar on the arrangement by claiming that “Bangladesh is loaning more money to the US than to anybody else, the same way Sri Lanka is”. He further added:



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