Kingdom of Saudi Arabia Fund extends $ 60 million support for Sri Lanka
The Kingdom of Saudi Arabia Fund for Development (SFD) yesterday committed US$ 60 million worth of assistance to Sri Lanka for the development of the road network. The SFD is the Kingdom of Saudi Arabia’s main development financing fund.
The agreement to this effect was signed by Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama and Saudi The Saudi Fund for Development (SFD) yesterday committed US$ 60 million worth of assistance to Sri Lanka for the development of the road network.
The SFD is the Kingdom of Saudi Arabia’s main development financing fund. The agreement to this effect was signed by Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama and Saudi Arabia’s Minister of Finance and SFD Chairman Dr. Ibrahim Al Assaf in the presence of President Mahinda Rajapaksa at Temple Trees.
Industry and Commerce Minister Rishad Bathiudeen and Finance Secretary Dr. P.B. Jayasundera were also presentArabia’s Minister of Finance and SFD Chairman Dr. Ibrahim Al Assaf in the presence of President Mahinda Rajapaksa at Temple Trees. Industry and Commerce Minister Rishad Bathiudeen and Finance Secretary Dr. P.B. Jayasundera were also present at the event.
Source: Government News Portal
Latest Headlines in Sri Lanka
- Sri Lanka pays off $200 million loan from Bangladesh with $4.5 million interest September 24, 2023
- Bar Association of Sri Lanka demands withdrawal of Anti-Terrorism and Online Safety Bills September 24, 2023
- Malaysian Police tracking down two Sri Lankan triple murder suspects September 23, 2023
- Sri Lanka’s Agriculture Minister explores opportunities to export eggs and chicken September 23, 2023
- Stability should not come at the sacrifice of values of freedom of expression: U.S. Ambassador September 23, 2023
Sack hand and get muslim countries benifits otherside destroying muslims mosques!!!!