Question
The Indian government has issued a USD ___________
billion line of credit (LoC) for Sri Lanka to aid in the import of food, necessary products, and medication.Solution
The Indian government has issued a USD 1 billion line of credit (LoC) for Sri Lanka to aid in the import of food, necessary products, and medication Sri Lanka is currently experiencing a serious economic crisis. India is extending the Line of Control as part of its efforts to aid its neighbouring country in combating the COVID-19 pandemic and mitigating its negative impact on its development aspirations.
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